Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Up 48.3% in December

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 253,441 shares, a growth of 48.3% from the November 30th total of 170,878 shares. Based on an average daily trading volume, of 132,400 shares, the days-to-cover ratio is presently 1.9 days. Based on an average daily trading volume, of 132,400 shares, the days-to-cover ratio is presently 1.9 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

Shares of NYSE ETG traded down $0.17 during mid-day trading on Monday, reaching $22.74. 63,875 shares of the company traded hands, compared to its average volume of 117,856. The stock has a fifty day simple moving average of $22.05 and a 200-day simple moving average of $21.29. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a fifty-two week low of $15.04 and a fifty-two week high of $22.96.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a $0.1293 dividend. This represents a c) dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Monday, December 15th.

Insider Transactions at Eaton Vance Tax-Advantaged Global Dividend Income Fund

In other news, Portfolio Manager Derek Digregorio sold 1,417 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $22.30, for a total transaction of $31,599.10. Following the completion of the transaction, the portfolio manager directly owned 1 shares in the company, valued at approximately $22.30. The trade was a 99.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

Hedge funds have recently made changes to their positions in the business. Bank of America Corp DE raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 0.9% during the 2nd quarter. Bank of America Corp DE now owns 1,337,856 shares of the company’s stock worth $28,015,000 after buying an additional 11,560 shares during the period. McGowan Group Asset Management Inc. boosted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 0.4% in the third quarter. McGowan Group Asset Management Inc. now owns 623,986 shares of the company’s stock worth $13,185,000 after buying an additional 2,531 shares during the period. Heron Bay Capital Management purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the second quarter worth approximately $6,579,000. Advisors Asset Management Inc. raised its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 9.9% during the first quarter. Advisors Asset Management Inc. now owns 311,525 shares of the company’s stock valued at $5,676,000 after acquiring an additional 28,061 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1.2% during the third quarter. Ameriprise Financial Inc. now owns 260,541 shares of the company’s stock valued at $5,505,000 after acquiring an additional 3,162 shares during the period.

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.