Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Up 12.2% in October

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 16,500 shares, an increase of 12.2% from the October 15th total of 14,700 shares. Based on an average daily volume of 131,400 shares, the days-to-cover ratio is currently 0.1 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Up 0.8 %

Shares of ETG traded up $0.13 during mid-day trading on Friday, hitting $16.09. 93,767 shares of the company traded hands, compared to its average volume of 123,748. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1 year low of $14.08 and a 1 year high of $17.42. The stock has a 50-day moving average price of $15.40 and a two-hundred day moving average price of $16.12.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 22nd will be issued a dividend of $0.1001 per share. The ex-dividend date is Tuesday, November 21st. This represents a $1.20 annualized dividend and a dividend yield of 7.47%.

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

Several large investors have recently modified their holdings of the company. Bessemer Group Inc. purchased a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the fourth quarter worth about $30,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the second quarter worth approximately $84,000. Geneos Wealth Management Inc. grew its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1,807.2% during the second quarter. Geneos Wealth Management Inc. now owns 6,332 shares of the company’s stock valued at $106,000 after buying an additional 6,000 shares during the period. JPMorgan Chase & Co. purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the fourth quarter valued at approximately $152,000. Finally, Kestra Advisory Services LLC purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the third quarter valued at approximately $159,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying value stocks of companies.