Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA) Stock Short Interest Report for October

Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 14,812 shares, a decline of 46.8% from the September 30th total of 27,842 shares. Based on an average daily volume of 85,424 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Voya Global Advantage and Premium Opportunity Fund

Several hedge funds have recently bought and sold shares of IGA. Farther Finance Advisors LLC acquired a new stake in Voya Global Advantage and Premium Opportunity Fund during the third quarter worth approximately $66,000. CoreCap Advisors LLC acquired a new position in shares of Voya Global Advantage and Premium Opportunity Fund in the third quarter valued at approximately $130,000. Baird Financial Group Inc. grew its position in shares of Voya Global Advantage and Premium Opportunity Fund by 2.4% in the second quarter. Baird Financial Group Inc. now owns 79,454 shares of the company’s stock valued at $787,000 after purchasing an additional 1,853 shares during the last quarter. Evolve Private Wealth LLC acquired a new position in shares of Voya Global Advantage and Premium Opportunity Fund in the second quarter valued at approximately $196,000. Finally, Royal Bank of Canada increased its stake in shares of Voya Global Advantage and Premium Opportunity Fund by 8.2% during the first quarter. Royal Bank of Canada now owns 97,163 shares of the company’s stock worth $929,000 after purchasing an additional 7,384 shares during the period.

Voya Global Advantage and Premium Opportunity Fund Price Performance

Shares of IGA traded down $0.03 during trading hours on Friday, hitting $10.14. The company had a trading volume of 36,206 shares, compared to its average volume of 63,364. The business has a fifty day moving average of $10.30 and a 200-day moving average of $9.95. Voya Global Advantage and Premium Opportunity Fund has a 12 month low of $9.21 and a 12 month high of $10.77.

Voya Global Advantage and Premium Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be paid a $0.0850 dividend. The ex-dividend date is Monday, November 2nd. This represents a $1.02 dividend on an annualized basis and a yield of 10.1%.

About Voya Global Advantage and Premium Opportunity Fund

Voya Global Advantage 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, Voya Investment Management Co 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. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds.