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

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 81,900 shares, a decline of 21.0% from the February 28th total of 103,700 shares. Based on an average trading volume of 254,200 shares, the days-to-cover ratio is presently 0.3 days.

Voya Global Equity Dividend and Premium Opportunity Fund Price Performance

NYSE IGD traded up $0.02 during mid-day trading on Wednesday, reaching $5.70. 203,875 shares of the company’s stock traded hands, compared to its average volume of 245,587. Voya Global Equity Dividend and Premium Opportunity Fund has a 1-year low of $4.95 and a 1-year high of $5.77. The company has a fifty day simple moving average of $5.54 and a 200-day simple moving average of $5.53.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.53%. The ex-dividend date is Tuesday, April 1st.

Institutional Trading of Voya Global Equity Dividend and Premium Opportunity Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. LPL Financial LLC increased its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 4.5% in the 4th quarter. LPL Financial LLC now owns 784,229 shares of the investment management company’s stock worth $4,251,000 after purchasing an additional 33,668 shares during the last quarter. World Investment Advisors grew its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 55.8% in the fourth quarter. World Investment Advisors now owns 166,000 shares of the investment management company’s stock worth $900,000 after purchasing an additional 59,453 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 17.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 67,297 shares of the investment management company’s stock valued at $365,000 after acquiring an additional 9,969 shares in the last quarter. Raymond James Financial Inc. bought a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth $2,364,000. Finally, Independent Advisor Alliance bought a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth $105,000.

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.