Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Up 435.4% in July

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 64,766 shares, a growth of 435.4% from the July 15th total of 12,096 shares. Based on an average trading volume of 86,822 shares, the days-to-cover ratio is presently 0.7 days.

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

Several large investors have recently bought and sold shares of the business. Smith Asset Management Co. LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 4th quarter worth approximately $206,000. 1776 Wealth LLC boosted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1.6% in the fourth quarter. 1776 Wealth LLC now owns 32,103 shares of the company’s stock valued at $742,000 after buying an additional 495 shares in the last quarter. IFG Advisory LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the fourth quarter worth $200,000. Harbour Investments Inc. grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 556.4% during the fourth quarter. Harbour Investments Inc. now owns 1,641 shares of the company’s stock worth $38,000 after buying an additional 1,391 shares during the last quarter. Finally, AlphaCore Capital LLC increased its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 19.4% during the fourth quarter. AlphaCore Capital LLC now owns 18,806 shares of the company’s stock worth $434,000 after buying an additional 3,059 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

NYSE ETG remained flat at $24.51 on Thursday. The company’s stock had a trading volume of 281,577 shares, compared to its average volume of 126,264. The business has a 50 day moving average price of $23.29 and a 200-day moving average price of $22.58. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 12-month low of $19.34 and a 12-month high of $24.71.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.1293 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

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.