Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Shares Shorted: Short Interest Up 167.0% in September

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 33,589 shares, a growth of 167.0% from the September 15th total of 12,581 shares. Based on an average daily trading volume, of 87,107 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% in the first quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock valued at $29,350,000 after acquiring an additional 155,996 shares during the last quarter. Royal Bank of Canada raised its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 6.9% during the first quarter. Royal Bank of Canada now owns 305,677 shares of the company’s stock worth $6,150,000 after buying an additional 19,855 shares during the last quarter. First Trust Advisors LP raised its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.7% during the first quarter. First Trust Advisors LP now owns 200,737 shares of the company’s stock worth $4,039,000 after buying an additional 10,819 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1.7% during the first quarter. Janney Montgomery Scott LLC now owns 186,038 shares of the company’s stock valued at $3,743,000 after acquiring an additional 3,131 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings 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 worth $3,419,000 after acquiring an additional 8,791 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Down 0.1%

NYSE:ETG traded down $0.02 during mid-day trading on Tuesday, hitting $23.25. 80,573 shares of the company’s stock were exchanged, compared to its average volume of 116,531. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a fifty-two week low of $19.34 and a fifty-two week high of $24.71. The company has a 50 day simple moving average of $23.66 and a 200-day simple moving average of $22.93.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Thursday, October 15th will be paid a $0.1293 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $1.55 annualized dividend and a dividend yield of 6.7%.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a publicly traded closed-end investment fund. The fund seeks to provide investors with a high level of current income and long-term total return, with an emphasis on income that may receive favorable tax treatment.

ETG invests primarily in dividend-paying common stocks issued by companies around the world. Its portfolio may include securities from a range of industries, countries and regions, giving investors access to global equity markets through a single investment vehicle.