Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Decreases By 69.6%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 11,572 shares, a decrease of 69.6% from the April 30th total of 38,081 shares. Based on an average daily trading volume, of 155,342 shares, the short-interest ratio is presently 0.1 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

Shares of ETG opened at $23.22 on Friday. The company’s 50 day simple moving average is $21.69 and its 200 day simple moving average is $22.28. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1 year low of $19.34 and a 1 year high of $23.67.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a dividend of $0.1293 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 6.7%.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Harbour Investments Inc. lifted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 556.4% during the fourth quarter. Harbour Investments Inc. now owns 1,641 shares of the company’s stock valued at $38,000 after buying an additional 1,391 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of 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 valued at $49,000 after buying an additional 1,000 shares during the period. Ascentis Independent Advisors purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the first quarter valued at approximately $62,000. Allworth Financial LP lifted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 37.8% during the third quarter. Allworth Financial LP now owns 4,880 shares of the company’s stock valued at $103,000 after buying an additional 1,338 shares during the period. Finally, Advisory Services Network LLC purchased a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the third quarter worth approximately $130,000.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

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.