Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Drops By 76.8%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 10,700 shares, a drop of 76.8% from the December 31st total of 46,200 shares. Based on an average trading volume of 125,400 shares, the short-interest ratio is presently 0.1 days.

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

A number of hedge funds have recently bought and sold shares of the business. Larson Financial Group LLC lifted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 233.3% in the 3rd quarter. Larson Financial Group LLC now owns 5,000 shares of the company’s stock worth $97,000 after purchasing an additional 3,500 shares during the period. US Bancorp DE lifted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 9.9% in the third quarter. US Bancorp DE now owns 8,188 shares of the company’s stock worth $159,000 after buying an additional 740 shares in the last quarter. Fourpath Capital Management LLC bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the fourth quarter worth $273,000. Denver Wealth Management Inc. lifted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.8% in the fourth quarter. Denver Wealth Management Inc. now owns 19,906 shares of the company’s stock worth $363,000 after buying an additional 1,095 shares during the last quarter. Finally, Truist Financial Corp boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 36.4% during the second quarter. Truist Financial Corp now owns 20,073 shares of the company’s stock valued at $374,000 after buying an additional 5,353 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

NYSE ETG traded up $0.14 during mid-day trading on Thursday, reaching $19.01. The stock had a trading volume of 198,967 shares, compared to its average volume of 142,630. The company has a fifty day moving average price of $18.72 and a 200 day moving average price of $18.82. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1 year low of $17.02 and a 1 year high of $19.56.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.1293 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.55 annualized dividend and a dividend yield of 8.16%.

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.