Short Interest in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Increases By 60.5%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 180,700 shares, an increase of 60.5% from the February 13th total of 112,600 shares. Based on an average daily volume of 605,000 shares, the short-interest ratio is presently 0.3 days.

Insider Activity at Eaton Vance Tax-Managed Global Diversified Equity Income Fund

In other Eaton Vance Tax-Managed Global Diversified Equity Income Fund news, insider Keith Quinton bought 10,000 shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock in a transaction on Thursday, February 20th. The stock was acquired at an average cost of $8.48 per share, with a total value of $84,800.00. Following the completion of the acquisition, the insider now owns 10,000 shares in the company, valued at approximately $84,800. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Institutional Trading of Eaton Vance Tax-Managed Global Diversified Equity Income Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Darwin Wealth Management LLC bought a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 3rd quarter valued at $25,000. CoreFirst Bank & Trust bought a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 4th quarter valued at $33,000. BankPlus Trust Department bought a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 4th quarter valued at $41,000. Millstone Evans Group LLC bought a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 4th quarter valued at $52,000. Finally, South Plains Financial Inc. bought a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 4th quarter valued at $66,000.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Up 1.7 %

Shares of EXG stock opened at $8.25 on Monday. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 12 month low of $7.70 and a 12 month high of $9.50. The company has a 50 day simple moving average of $8.40 and a two-hundred day simple moving average of $8.42.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.0657 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.79 dividend on an annualized basis and a yield of 9.56%.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

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