Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Rises By 76.0%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETGGet Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 23,827 shares, an increase of 76.0% from the August 15th total of 13,538 shares. Based on an average daily trading volume, of 79,184 shares, the short-interest ratio is currently 0.3 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Down 0.6%

Shares of NYSE:ETG traded down $0.14 during trading on Wednesday, reaching $22.84. The company had a trading volume of 113,898 shares, compared to its average volume of 120,546. The firm’s fifty day moving average is $23.71 and its 200 day moving average is $22.71. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a twelve month low of $19.34 and a twelve month high of $24.71.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a $0.1293 dividend. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Tuesday, September 15th.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several institutional investors have recently modified their holdings of ETG. Northwestern Mutual Wealth Management Co. lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 18,053.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 616,507 shares of the company’s stock valued at $14,941,000 after buying an additional 613,111 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% during the first quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock valued at $29,350,000 after acquiring an additional 155,996 shares during the period. Arkadios Wealth Advisors purchased a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 1st quarter valued at approximately $1,786,000. Readystate Asset Management LP acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 1st quarter worth approximately $1,624,000. Finally, Fifth Third Bancorp acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 1st quarter worth approximately $1,430,000.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

(Get Free Report)

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.

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