Short Interest in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Declines By 20.7%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 481,044 shares, a decrease of 20.7% from the December 15th total of 606,436 shares. Based on an average daily trading volume, of 466,766 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 466,766 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. IFP Advisors Inc increased its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 74.8% during the 2nd quarter. IFP Advisors Inc now owns 2,971 shares of the financial services provider’s stock valued at $26,000 after buying an additional 1,271 shares in the last quarter. Morey & Quinn Wealth Partners LLC raised its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 11.1% in the 2nd quarter. Morey & Quinn Wealth Partners LLC now owns 104,187 shares of the financial services provider’s stock worth $912,000 after purchasing an additional 10,415 shares during the last quarter. Sax Wealth Advisors LLC raised its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 54.7% in the 2nd quarter. Sax Wealth Advisors LLC now owns 17,242 shares of the financial services provider’s stock worth $151,000 after purchasing an additional 6,100 shares during the last quarter. Wealthcare Advisory Partners LLC bought a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 2nd quarter worth about $94,000. Finally, MBL Wealth LLC purchased a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 2nd quarter valued at about $168,000.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Down 0.5%

NYSE:EXG traded down $0.05 during mid-day trading on Monday, reaching $9.59. 1,542,098 shares of the company’s stock traded hands, compared to its average volume of 634,054. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 12-month low of $6.74 and a 12-month high of $9.78. The company has a 50 day moving average price of $9.33 and a 200-day moving average price of $9.09.

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

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be issued a $0.0657 dividend. The ex-dividend date is Thursday, January 15th. This represents a c) annualized dividend and a yield of 8.2%.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) is a closed-end management investment company that seeks to provide a high level of after-tax income and capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of dividend-paying equity securities across global developed and emerging markets. Portfolio construction emphasizes companies with sustainable dividend track records and the potential for long-term growth, while incorporating active risk management techniques.

The fund’s investment strategy blends bottom-up fundamental research with sector and country allocation decisions designed to capture attractive income opportunities around the world.