Short Interest in Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Increases By 42.6%

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 65,300 shares, an increase of 42.6% from the January 31st total of 45,800 shares. Based on an average daily volume of 248,300 shares, the short-interest ratio is currently 0.3 days.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

Shares of NYSE IGD traded down $0.05 during mid-day trading on Monday, reaching $5.55. 302,208 shares of the company’s stock were exchanged, compared to its average volume of 245,953. The company’s 50-day moving average is $5.46 and its 200-day moving average is $5.52. Voya Global Equity Dividend and Premium Opportunity Fund has a 52-week low of $4.95 and a 52-week high of $5.70.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 10.81%. The ex-dividend date is Monday, March 3rd.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

A number of institutional investors have recently made changes to their positions in the stock. Concurrent Investment Advisors LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 4th quarter worth approximately $55,000. PFG Investments LLC purchased a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter valued at approximately $60,000. GWN Securities Inc. acquired a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth $72,000. Client 1ST Advisory Group LLC purchased a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth $89,000. Finally, Independent Advisor Alliance acquired a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter valued at $105,000.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.