Short Interest in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Decreases By 20.7%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXGGet Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 481,044 shares, a decrease of 20.7% from the December 15th total of 606,436 shares. Based on an average trading volume of 466,766 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 466,766 shares, the short-interest ratio is currently 1.0 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Down 1.0%

Shares of NYSE EXG traded down $0.10 on Tuesday, hitting $9.47. The company’s stock had a trading volume of 507,750 shares, compared to its average volume of 623,521. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 12-month low of $6.74 and a 12-month high of $9.78. The stock has a 50 day moving average of $9.33 and a 200-day moving average of $9.09.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a $0.0657 dividend. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 8.3%.

Institutional Trading of Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Kovack Advisors Inc. lifted its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2.1% during the third quarter. Kovack Advisors Inc. now owns 54,047 shares of the financial services provider’s stock valued at $492,000 after buying an additional 1,098 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 8.5% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 14,248 shares of the financial services provider’s stock valued at $130,000 after purchasing an additional 1,122 shares during the period. Stratos Wealth Partners LTD. lifted its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 5.7% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 21,801 shares of the financial services provider’s stock worth $191,000 after acquiring an additional 1,178 shares in the last quarter. Investmark Advisory Group LLC boosted its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2.5% in the third quarter. Investmark Advisory Group LLC now owns 49,525 shares of the financial services provider’s stock valued at $451,000 after purchasing an additional 1,185 shares during the period. Finally, SOA Wealth Advisors LLC. boosted its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 31.7% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 5,254 shares of the financial services provider’s stock valued at $48,000 after buying an additional 1,264 shares during the last quarter.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

(Get Free Report)

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) is a closed-end management investment company that seeks to provide a high level of after-tax income and capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of dividend-paying equity securities across global developed and emerging markets. Portfolio construction emphasizes companies with sustainable dividend track records and the potential for long-term growth, while incorporating active risk management techniques.

The fund’s investment strategy blends bottom-up fundamental research with sector and country allocation decisions designed to capture attractive income opportunities around the world.

Read More

Receive News & Ratings for Eaton Vance Tax-Managed Global Diversified Equity Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Tax-Managed Global Diversified Equity Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.