Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Short Interest Up 11.8% in December

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 102,500 shares, a growth of 11.8% from the November 30th total of 91,700 shares. Based on an average daily trading volume, of 225,900 shares, the short-interest ratio is presently 0.5 days.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Up 0.7 %

NYSE:IGD traded up $0.04 during trading hours on Wednesday, reaching $5.42. The company had a trading volume of 190,274 shares, compared to its average volume of 234,286. The firm’s 50 day moving average price is $5.51 and its 200-day moving average price is $5.48. Voya Global Equity Dividend and Premium Opportunity Fund has a 52 week low of $4.90 and a 52 week high of $5.70.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Monday, December 30th will be paid a $0.05 dividend. The ex-dividend date is Monday, December 30th. This represents a $0.60 dividend on an annualized basis and a yield of 11.07%.

Hedge Funds Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Institutional investors have recently bought and sold shares of the stock. Raymond James & Associates increased its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 2.1% in the 2nd quarter. Raymond James & Associates now owns 243,558 shares of the investment management company’s stock worth $1,252,000 after buying an additional 4,961 shares during the period. Commonwealth Equity Services LLC boosted its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 13.7% in the second quarter. Commonwealth Equity Services LLC now owns 64,123 shares of the investment management company’s stock valued at $330,000 after acquiring an additional 7,717 shares in the last quarter. Shaker Financial Services LLC grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 2,089.9% during the second quarter. Shaker Financial Services LLC now owns 218,985 shares of the investment management company’s stock worth $1,126,000 after acquiring an additional 208,985 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 1.5% in the second quarter. Private Advisor Group LLC now owns 354,981 shares of the investment management company’s stock worth $1,825,000 after buying an additional 5,150 shares during the last quarter. Finally, Strategic Financial Concepts LLC acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund during the 2nd quarter worth about $115,000.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.