Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Short Interest Update


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Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 19,200 shares, a decline of 51.9% from the December 15th total of 39,900 shares. Based on an average daily volume of 345,900 shares, the short-interest ratio is currently 0.1 days.

Hedge funds and other institutional investors have recently made changes to their positions in the company. CNH Partners LLC grew its position in Voya Global Equity Dividend and Premium Opportunity Fund by 41.6% in the third quarter. CNH Partners LLC now owns 185,938 shares of the investment management company’s stock worth $920,000 after acquiring an additional 54,663 shares in the last quarter. Saba Capital Management L.P. purchased a new stake in Voya Global Equity Dividend and Premium Opportunity Fund during the third quarter valued at approximately $16,511,000. Relative Value Partners Group LLC lifted its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 3.9% in the 3rd quarter. Relative Value Partners Group LLC now owns 644,873 shares of the investment management company’s stock valued at $3,192,000 after purchasing an additional 24,124 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 96.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 311,184 shares of the investment management company’s stock worth $1,541,000 after purchasing an additional 152,947 shares during the period. Finally, LPL Financial LLC increased its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 32.0% during the 3rd quarter. LPL Financial LLC now owns 388,297 shares of the investment management company’s stock valued at $1,922,000 after purchasing an additional 94,211 shares during the last quarter.

Voya Global Equity Dividend and Premium Opportunity Fund stock traded up $0.04 during mid-day trading on Wednesday, reaching $5.40. 546,175 shares of the company’s stock traded hands, compared to its average volume of 442,397. Voya Global Equity Dividend and Premium Opportunity Fund has a 12-month low of $3.79 and a 12-month high of $6.37. The stock has a 50 day moving average of $5.22 and a two-hundred day moving average of $5.02.

The firm also recently announced a monthly dividend, which will be paid on Friday, January 15th. Stockholders of record on Thursday, December 31st will be issued a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, December 30th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.89%.

About Voya Global Equity Dividend and Premium Opportunity Fund

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.

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