Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Short Interest Up 78.7% in April

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGDGet Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 663,513 shares, a growth of 78.7% from the April 15th total of 371,374 shares. Based on an average daily trading volume, of 265,439 shares, the short-interest ratio is currently 2.5 days.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Up 0.1%

Shares of IGD opened at $6.01 on Monday. The company has a 50-day simple moving average of $5.87 and a 200-day simple moving average of $5.82. Voya Global Equity Dividend and Premium Opportunity Fund has a 52 week low of $5.58 and a 52 week high of $6.15.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IGD. Shaker Financial Services LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter valued at about $1,756,000. Kestra Advisory Services LLC raised its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 145.1% during the first quarter. Kestra Advisory Services LLC now owns 502,356 shares of the investment management company’s stock valued at $2,863,000 after buying an additional 297,411 shares during the last quarter. Guggenheim Capital LLC raised its position in Voya Global Equity Dividend and Premium Opportunity Fund by 16.9% in the fourth quarter. Guggenheim Capital LLC now owns 1,906,715 shares of the investment management company’s stock worth $10,906,000 after purchasing an additional 275,126 shares in the last quarter. Penserra Capital Management LLC raised its position in Voya Global Equity Dividend and Premium Opportunity Fund by 16.3% in the third quarter. Penserra Capital Management LLC now owns 1,094,468 shares of the investment management company’s stock worth $6,490,000 after purchasing an additional 153,165 shares in the last quarter. Finally, Kovack Advisors Inc. raised its position in Voya Global Equity Dividend and Premium Opportunity Fund by 231.9% in the fourth quarter. Kovack Advisors Inc. now owns 153,562 shares of the investment management company’s stock worth $873,000 after purchasing an additional 107,289 shares in the last quarter.

About Voya Global Equity Dividend and Premium Opportunity Fund

(Get Free Report)

The Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) is a closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objective by investing primarily in dividend‐paying equity securities of companies located around the world. In addition to traditional equity holdings, the fund employs an options overlay strategy—selling call options on individual stocks or on equity indices—to generate additional premium income and to help manage portfolio volatility.

IGD’s investment portfolio is broadly diversified across developed and emerging markets, including North America, Europe and the Asia-Pacific region.

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