Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA) Sees Large Decline in Short Interest

Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 27,842 shares, a decrease of 61.2% from the September 15th total of 71,685 shares. Based on an average trading volume of 93,840 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new position in shares of Voya Global Advantage and Premium Opportunity Fund during the 3rd quarter valued at approximately $66,000. CoreCap Advisors LLC purchased a new position in Voya Global Advantage and Premium Opportunity Fund during the third quarter worth about $130,000. Evolve Private Wealth LLC acquired a new position in shares of Voya Global Advantage and Premium Opportunity Fund in the 2nd quarter valued at $196,000. Baird Financial Group Inc. raised its stake in shares of Voya Global Advantage and Premium Opportunity Fund by 2.4% in the 2nd quarter. Baird Financial Group Inc. now owns 79,454 shares of the company’s stock valued at $787,000 after acquiring an additional 1,853 shares during the period. Finally, Royal Bank of Canada raised its holdings in shares of Voya Global Advantage and Premium Opportunity Fund by 8.2% in the 1st quarter. Royal Bank of Canada now owns 97,163 shares of the company’s stock valued at $929,000 after buying an additional 7,384 shares during the period.

Voya Global Advantage and Premium Opportunity Fund Stock Down 0.1%

Shares of Voya Global Advantage and Premium Opportunity Fund stock traded down $0.01 on Wednesday, reaching $10.03. The stock had a trading volume of 73,008 shares, compared to its average volume of 64,817. The company has a 50 day moving average price of $10.36 and a 200 day moving average price of $9.97. Voya Global Advantage and Premium Opportunity Fund has a 1 year low of $9.21 and a 1 year high of $10.77.

Voya Global Advantage and Premium Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a $0.0850 dividend. The ex-dividend date is Thursday, October 1st. This represents a $1.02 dividend on an annualized basis and a yield of 10.2%.

About Voya Global Advantage and Premium Opportunity Fund

(Get Free Report)

Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds.

See Also

Receive News & Ratings for Voya Global Advantage and Premium Opportunity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voya Global Advantage and Premium Opportunity Fund and related companies with MarketBeat.com's FREE daily email newsletter.