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

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 64,766 shares, an increase 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 currently 0.7 days.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Harbour Investments Inc. lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 556.4% in the 4th quarter. Harbour Investments Inc. now owns 1,641 shares of the company’s stock worth $38,000 after purchasing an additional 1,391 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 90.9% during the fourth quarter. Farther Finance Advisors LLC now owns 2,100 shares of the company’s stock worth $49,000 after buying an additional 1,000 shares during the last quarter. Ascentis Independent Advisors acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the first quarter worth $62,000. Advisory Services Network LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the third quarter worth $130,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 664.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,577 shares of the company’s stock valued at $159,000 after buying an additional 6,586 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Up 0.0%

ETG traded up $0.01 during midday trading on Friday, hitting $24.52. The company had a trading volume of 13,206 shares, compared to its average volume of 125,528. The stock’s 50 day moving average price is $23.31 and its 200 day moving average price is $22.59. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 52 week low of $19.34 and a 52 week high of $24.71.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

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

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

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.