Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Down 79.1% in August

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 13,538 shares, a decline of 79.1% from the July 30th total of 64,766 shares. Based on an average daily trading volume, of 113,280 shares, the days-to-cover ratio is currently 0.1 days.

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

Hedge funds have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP raised its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 64.8% in the second quarter. Susquehanna International Group LLP now owns 17,570 shares of the company’s stock worth $414,000 after acquiring an additional 6,911 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 16.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,050 shares of the company’s stock valued at $72,000 after purchasing an additional 434 shares during the last quarter. Bank of America Corp DE grew its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% during the 1st quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock worth $29,350,000 after buying an additional 155,996 shares during the period. Arkadios Wealth Advisors bought a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the first quarter valued at approximately $1,786,000. Finally, Readystate Asset Management LP acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter worth $1,624,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Up 1.0%

Shares of NYSE:ETG opened at $24.27 on Wednesday. The business’s fifty day moving average price is $23.51 and its two-hundred day moving average price is $22.63. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a fifty-two week low of $19.34 and a fifty-two week high of $24.71.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a $0.1293 dividend. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

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.