Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Increases By 101.5%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 39,100 shares, an increase of 101.5% from the September 30th total of 19,400 shares. Based on an average daily volume of 115,800 shares, the short-interest ratio is currently 0.3 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

Shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock remained flat at $19.00 during trading hours on Friday. The stock had a trading volume of 47,424 shares, compared to its average volume of 118,878. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a twelve month low of $14.08 and a twelve month high of $19.56. The company’s fifty day simple moving average is $19.03 and its two-hundred day simple moving average is $18.54.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 23rd will be issued a $0.129 dividend. The ex-dividend date of this dividend is Wednesday, October 23rd. This represents a $1.55 annualized dividend and a dividend yield of 8.15%.

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

Several institutional investors and hedge funds have recently modified their holdings of ETG. Larson Financial Group LLC purchased a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 2nd quarter valued at $28,000. ORG Partners LLC purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter worth about $56,000. Allspring Global Investments Holdings LLC purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter worth about $153,000. BCR Wealth Strategies LLC purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 2nd quarter worth about $192,000. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter worth about $287,000.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

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.