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 recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 663,513 shares, an increase of 78.7% from the April 15th total of 371,374 shares. Based on an average daily trading volume, of 265,439 shares, the short-interest ratio is currently 2.5 days.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

Voya Global Equity Dividend and Premium Opportunity Fund stock opened at $6.10 on Tuesday. The stock’s 50-day moving average is $5.87 and its 200-day moving average is $5.82. Voya Global Equity Dividend and Premium Opportunity Fund has a 12 month low of $5.58 and a 12 month high of $6.15.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.05 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date is Monday, June 1st.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE increased its holdings in Voya Global Equity Dividend and Premium Opportunity Fund by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 2,370,847 shares of the investment management company’s stock worth $13,751,000 after purchasing an additional 51,535 shares during the last quarter. Osaic Holdings Inc. increased its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 6.0% in the 4th quarter. Osaic Holdings Inc. now owns 447,558 shares of the investment management company’s stock valued at $2,560,000 after acquiring an additional 25,240 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 28.9% in the 4th quarter. Royal Bank of Canada now owns 305,702 shares of the investment management company’s stock valued at $1,749,000 after acquiring an additional 68,516 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 11.3% in the 4th quarter. NewEdge Advisors LLC now owns 116,321 shares of the investment management company’s stock valued at $665,000 after acquiring an additional 11,819 shares during the last quarter. Finally, Mariner LLC increased its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 16.8% in the 3rd quarter. Mariner LLC now owns 57,447 shares of the investment management company’s stock valued at $341,000 after acquiring an additional 8,252 shares during the last quarter.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

The Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) is a closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objective by investing primarily in dividend‐paying equity securities of companies located around the world. In addition to traditional equity holdings, the fund employs an options overlay strategy—selling call options on individual stocks or on equity indices—to generate additional premium income and to help manage portfolio volatility.

IGD’s investment portfolio is broadly diversified across developed and emerging markets, including North America, Europe and the Asia-Pacific region.