Short Interest in Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Increases By 58.8%

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 103,700 shares, a growth of 58.8% from the February 13th total of 65,300 shares. Based on an average daily trading volume, of 254,700 shares, the days-to-cover ratio is currently 0.4 days.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

NYSE:IGD traded up $0.08 during trading hours on Friday, reaching $5.58. The stock had a trading volume of 194,818 shares, compared to its average volume of 246,873. The stock has a 50 day simple moving average of $5.47 and a 200 day simple moving average of $5.52. Voya Global Equity Dividend and Premium Opportunity Fund has a 12-month low of $4.95 and a 12-month high of $5.70.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.76%. The ex-dividend date of this dividend is Monday, March 3rd.

Hedge Funds Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

A number of large investors have recently made changes to their positions in IGD. Concurrent Investment Advisors LLC bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter worth $55,000. PFG Investments LLC bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter worth $60,000. GWN Securities Inc. bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter worth $72,000. Client 1ST Advisory Group LLC bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter worth $89,000. Finally, Independent Advisor Alliance bought a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter worth $105,000.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

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.