Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Short Interest Up 42.6% in February

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) saw a large growth in short interest in February. As of February 15th, there was short interest totalling 65,300 shares, a growth of 42.6% from the January 31st total of 45,800 shares. Based on an average daily volume of 248,300 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Penserra Capital Management LLC purchased a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter valued at $11,337,000. LPL Financial LLC boosted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 4.5% in the 4th quarter. LPL Financial LLC now owns 784,229 shares of the investment management company’s stock valued at $4,251,000 after purchasing an additional 33,668 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter valued at approximately $2,364,000. Envestnet Asset Management Inc. increased its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 4.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 277,194 shares of the investment management company’s stock valued at $1,502,000 after acquiring an additional 13,021 shares during the period. Finally, Lido Advisors LLC raised its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 21.1% in the fourth quarter. Lido Advisors LLC now owns 271,631 shares of the investment management company’s stock worth $1,486,000 after acquiring an additional 47,367 shares during the last quarter.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

Shares of Voya Global Equity Dividend and Premium Opportunity Fund stock traded up $0.03 on Wednesday, reaching $5.56. 126,261 shares of the company were exchanged, compared to its average volume of 246,340. The stock’s 50 day moving average price is $5.46 and its 200-day moving average price is $5.52. Voya Global Equity Dividend and Premium Opportunity Fund has a 1-year low of $4.95 and a 1-year high of $5.70.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 10.80%. The ex-dividend date is Monday, March 3rd.

About Voya Global Equity Dividend and Premium Opportunity Fund

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.