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 in 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 volume of 265,439 shares, the short-interest ratio is currently 2.5 days.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Up 0.1%

Shares of NYSE:IGD opened at $6.01 on Monday. Voya Global Equity Dividend and Premium Opportunity Fund has a 1 year low of $5.58 and a 1 year high of $6.15. The firm has a fifty day moving average price of $5.87 and a 200 day moving average price of $5.82.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.05 per share. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date is Monday, June 1st.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

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

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

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.