Short Interest in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Rises By 95.4%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 939,910 shares, a growth of 95.4% from the December 31st total of 481,044 shares. Based on an average daily trading volume, of 543,293 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily trading volume, of 543,293 shares, the days-to-cover ratio is presently 1.7 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Down 0.2%

NYSE EXG traded down $0.02 on Friday, reaching $9.70. 591,834 shares of the company’s stock traded hands, compared to its average volume of 568,072. 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 stock has a 50-day simple moving average of $9.43 and a 200 day simple moving average of $9.14.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be given a $0.0657 dividend. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Thursday, January 15th.

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

Institutional investors have recently added to or reduced their stakes in the business. Baird Financial Group Inc. purchased a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the first quarter worth about $84,000. Jane Street Group LLC purchased a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 1st quarter worth approximately $289,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 11.2% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 63,171 shares of the financial services provider’s stock valued at $561,000 after purchasing an additional 6,382 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2.0% in the second quarter. Janney Montgomery Scott LLC now owns 636,755 shares of the financial services provider’s stock worth $5,572,000 after purchasing an additional 12,701 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the second quarter worth $133,000.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

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.