Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 10,606 shares, a drop of 82.0% from the January 29th total of 58,975 shares. Based on an average daily volume of 112,057 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 112,057 shares, the days-to-cover ratio is currently 0.1 days.

Insider Activity at Eaton Vance Tax-Advantaged Global Dividend Income Fund

In related news, Portfolio Manager Derek Digregorio sold 1,417 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $22.30, for a total transaction of $31,599.10. Following the completion of the transaction, the portfolio manager owned 1 shares of the company’s stock, valued at $22.30. This trade represents a 99.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Income Fund

Hedge funds have recently bought and sold shares of the company. Baird Financial Group Inc. acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the first quarter valued at approximately $186,000. Royal Bank of Canada raised its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.0% during the first quarter. Royal Bank of Canada now owns 213,733 shares of the company’s stock valued at $3,894,000 after buying an additional 10,266 shares during the period. Jane Street Group LLC grew its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 23.6% during the 1st quarter. Jane Street Group LLC now owns 15,798 shares of the company’s stock valued at $288,000 after acquiring an additional 3,015 shares in the last quarter. Kovack Advisors Inc. acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the second quarter worth approximately $288,000. Finally, Allworth Financial LP grew its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 44.0% during the second quarter. Allworth Financial LP now owns 3,542 shares of the company’s stock valued at $74,000 after purchasing an additional 1,082 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

Shares of ETG traded down $0.19 during trading hours on Friday, hitting $23.06. 88,674 shares of the company were exchanged, compared to its average volume of 122,487. The firm has a fifty day simple moving average of $23.13 and a 200-day simple moving average of $22.05. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a one year low of $15.04 and a one year high of $23.67.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be paid a $0.1293 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 6.7%.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.