Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Up 109.3% in March

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 8,347 shares, an increase of 109.3% from the February 26th total of 3,988 shares. Based on an average daily trading volume, of 123,382 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

A number of institutional investors have recently bought and sold shares of ETG. Rockefeller Capital Management L.P. boosted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 6.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 148,028 shares of the company’s stock valued at $3,419,000 after acquiring an additional 8,791 shares in the last quarter. MidFirst Bank purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 4th quarter valued at approximately $254,000. Smith Asset Management Co. LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 4th quarter valued at approximately $206,000. Cetera Investment Advisers boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 3.3% during the fourth quarter. Cetera Investment Advisers now owns 92,972 shares of the company’s stock valued at $2,148,000 after purchasing an additional 2,992 shares in the last quarter. Finally, Kovack Advisors Inc. bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the fourth quarter valued at approximately $593,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Down 1.6%

ETG stock opened at $19.55 on Friday. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a fifty-two week low of $15.04 and a fifty-two week high of $23.67. The stock’s 50 day simple moving average is $22.37 and its 200 day simple moving average is $22.11.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be given a dividend of $0.1293 per share. The ex-dividend date is Monday, March 16th. This represents a c) annualized dividend and a dividend yield of 7.9%.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.