Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Short Interest Update

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) saw a large increase in short interest in September. As of September 30th, there was short interest totalling 149,300 shares, an increase of 81.0% from the September 15th total of 82,500 shares. Based on an average daily volume of 549,100 shares, the short-interest ratio is currently 0.3 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Up 0.6 %

EXG opened at $8.56 on Friday. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 12-month low of $6.78 and a 12-month high of $8.80. The firm’s fifty day moving average price is $8.40 and its 200 day moving average price is $8.32.

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

The business also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 23rd will be paid a $0.066 dividend. This represents a $0.79 dividend on an annualized basis and a dividend yield of 9.25%. The ex-dividend date of this dividend is Wednesday, October 23rd. This is a positive change from Eaton Vance Tax-Managed Global Diversified Equity Income Fund’s previous monthly dividend of $0.07.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Several large investors have recently modified their holdings of the stock. Hobbs Group Advisors LLC acquired a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the second quarter valued at approximately $25,000. ORG Partners LLC bought a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 1st quarter valued at approximately $51,000. Register Financial Advisors LLC acquired a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 1st quarter valued at approximately $67,000. 9258 Wealth Management LLC bought a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the first quarter worth $85,000. Finally, Beacon Investment Advisory Services Inc. acquired a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the first quarter worth $110,000.

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

Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. 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 dividend paying stocks of companies.