Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Down 55.0% in December

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 37,000 shares, a drop of 55.0% from the November 30th total of 82,300 shares. Based on an average daily trading volume, of 118,900 shares, the days-to-cover ratio is currently 0.3 days.

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

Several large investors have recently modified their holdings of the stock. Cornerstone Advisors LLC raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 18.4% in the second quarter. Cornerstone Advisors LLC now owns 1,329,051 shares of the company’s stock worth $24,734,000 after buying an additional 206,449 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 2nd quarter valued at $1,866,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 452.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 46,399 shares of the company’s stock worth $863,000 after purchasing an additional 37,999 shares in the last quarter. PFG Investments LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the second quarter worth $351,000. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 29.3% during the second quarter. B. Riley Wealth Advisors Inc. now owns 33,559 shares of the company’s stock valued at $625,000 after purchasing an additional 7,609 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Down 1.1 %

NYSE:ETG traded down $0.20 during mid-day trading on Friday, hitting $18.45. 101,636 shares of the company’s stock were exchanged, compared to its average volume of 119,265. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a one year low of $16.51 and a one year high of $19.56. The business has a fifty day moving average price of $19.00 and a 200 day moving average price of $18.85.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be paid a $0.1293 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.55 dividend on an annualized basis and a dividend yield of 8.41%.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying value stocks of companies.