Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Stock Short Interest Rises 167.0%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 33,589 shares, a growth of 167.0% from the September 15th total of 12,581 shares. Based on an average daily volume of 87,107 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the second quarter worth $1,205,000. NewEdge Advisors LLC increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 252.2% in the 2nd quarter. NewEdge Advisors LLC now owns 18,436 shares of the company’s stock worth $434,000 after acquiring an additional 13,202 shares in the last quarter. Susquehanna International Group LLP increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 64.8% in the 2nd quarter. Susquehanna International Group LLP now owns 17,570 shares of the company’s stock worth $414,000 after acquiring an additional 6,911 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 16.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,050 shares of the company’s stock worth $72,000 after acquiring an additional 434 shares during the period. Finally, Bank of America Corp DE raised its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% during the 1st quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock worth $29,350,000 after acquiring an additional 155,996 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

ETG stock traded up $0.12 during trading on Monday, hitting $23.27. 97,119 shares of the stock traded hands, compared to its average volume of 116,715. The firm’s 50 day moving average is $23.69 and its two-hundred day moving average is $22.89. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1 year low of $19.34 and a 1 year high of $24.71.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.1293 per share. This represents a $1.55 annualized dividend and a yield of 6.7%. The ex-dividend date is Thursday, October 15th.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a publicly traded closed-end investment fund. The fund seeks to provide investors with a high level of current income and long-term total return, with an emphasis on income that may receive favorable tax treatment.

ETG invests primarily in dividend-paying common stocks issued by companies around the world. Its portfolio may include securities from a range of industries, countries and regions, giving investors access to global equity markets through a single investment vehicle.