Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Short Interest Up 78.7% in April

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 663,513 shares, a growth of 78.7% from the April 15th total of 371,374 shares. Based on an average daily trading volume, of 265,439 shares, the days-to-cover ratio is presently 2.5 days.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Up 0.2%

Shares of NYSE:IGD opened at $6.11 on Wednesday. The stock’s 50-day moving average price is $5.88 and its 200-day moving average price is $5.82. Voya Global Equity Dividend and Premium Opportunity Fund has a 12-month low of $5.58 and a 12-month high of $6.15.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 9.8%.

Institutional Trading of Voya Global Equity Dividend and Premium Opportunity Fund

Several large investors have recently modified their holdings of IGD. Royal Bank of Canada grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 13.8% in the first quarter. Royal Bank of Canada now owns 245,046 shares of the investment management company’s stock worth $1,413,000 after purchasing an additional 29,746 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 20.1% in the second quarter. Cetera Investment Advisers now owns 61,030 shares of the investment management company’s stock worth $354,000 after purchasing an additional 10,193 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the second quarter worth about $128,000. Bank of America Corp DE grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 2.2% in the second quarter. Bank of America Corp DE now owns 2,370,847 shares of the investment management company’s stock worth $13,751,000 after purchasing an additional 51,535 shares during the last quarter. Finally, Benjamin Edwards Inc. bought a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter worth about $76,000.

About Voya Global Equity Dividend and Premium Opportunity Fund

The Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) is a closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objective by investing primarily in dividend‐paying equity securities of companies located around the world. In addition to traditional equity holdings, the fund employs an options overlay strategy—selling call options on individual stocks or on equity indices—to generate additional premium income and to help manage portfolio volatility.

IGD’s investment portfolio is broadly diversified across developed and emerging markets, including North America, Europe and the Asia-Pacific region.