Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Shares Shorted: Short Interest Up 167.0% in September

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 33,589 shares, an increase of 167.0% from the September 15th total of 12,581 shares. Based on an average trading volume of 87,107 shares, the days-to-cover ratio is presently 0.4 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Down 1.2%

Shares of NYSE ETG traded down $0.28 during trading hours on Wednesday, reaching $22.95. The stock had a trading volume of 87,902 shares, compared to its average volume of 116,385. The business’s fifty day moving average price is $23.64 and its two-hundred day moving average price is $22.95. 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 announced a monthly dividend, which will be paid on Friday, October 30th. Shareholders of record on Thursday, October 15th will be given a dividend of $0.1293 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.55 dividend on an annualized basis and a yield of 6.8%.

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

Several hedge funds have recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% during the first quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock valued at $29,350,000 after buying an additional 155,996 shares during the period. Royal Bank of Canada lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 6.9% in the first quarter. Royal Bank of Canada now owns 305,677 shares of the company’s stock worth $6,150,000 after acquiring an additional 19,855 shares during the period. First Trust Advisors LP lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.7% in the first quarter. First Trust Advisors LP now owns 200,737 shares of the company’s stock worth $4,039,000 after acquiring an additional 10,819 shares during the period. Janney Montgomery Scott LLC lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1.7% in the first quarter. Janney Montgomery Scott LLC now owns 186,038 shares of the company’s stock worth $3,743,000 after acquiring an additional 3,131 shares during the period. Finally, Shaker Financial Services LLC grew its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 77.4% during the 3rd quarter. Shaker Financial Services LLC now owns 158,081 shares of the company’s stock worth $3,655,000 after acquiring an additional 68,954 shares in the last quarter.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a publicly traded closed-end investment fund. The fund seeks to provide investors with a high level of current income and long-term total return, with an emphasis on income that may receive favorable tax treatment.

ETG invests primarily in dividend-paying common stocks issued by companies around the world. Its portfolio may include securities from a range of industries, countries and regions, giving investors access to global equity markets through a single investment vehicle.