Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Shares Shorted: Short Interest Down 37.6% in October

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 20,967 shares, a decline of 37.6% from the September 30th total of 33,589 shares. Based on an average daily volume of 76,312 shares, the short-interest ratio is presently 0.3 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

Shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock traded up $0.05 during trading hours on Monday, hitting $22.75. 99,389 shares of the company were exchanged, compared to its average volume of 115,172. The business has a 50-day moving average of $23.34 and a 200-day moving average of $22.84. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1 year low of $19.34 and a 1 year high of $24.71.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 15th were paid a $0.1293 dividend. This represents a $1.55 annualized dividend and a dividend yield of 6.8%. The ex-dividend date was Thursday, October 15th.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in ETG. Bank of America Corp DE lifted its position 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 purchasing an additional 155,996 shares during the period. Royal Bank of Canada increased its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 6.9% during the 1st quarter. Royal Bank of Canada now owns 305,677 shares of the company’s stock worth $6,150,000 after purchasing an additional 19,855 shares during the period. First Trust Advisors LP raised its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.7% during the 1st 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 in the last quarter. Janney Montgomery Scott LLC raised its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 186,038 shares of the company’s stock worth $3,743,000 after buying an additional 3,131 shares in the last quarter. Finally, Shaker Financial Services LLC lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 77.4% in the 3rd quarter. Shaker Financial Services LLC now owns 158,081 shares of the company’s stock valued at $3,655,000 after buying an additional 68,954 shares during the period.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a closed-end investment fund managed by Eaton Vance Management. The fund seeks to provide current income and long-term total return, with an emphasis on generating income that may receive favorable tax treatment for shareholders.

ETG invests primarily in dividend-paying equity securities issued by companies around the world. Its portfolio may include businesses from a range of industries and geographic regions, giving shareholders exposure to both U.S.