Short Interest in Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Increases By 58.8%

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 103,700 shares, an increase of 58.8% from the February 13th total of 65,300 shares. Based on an average trading volume of 254,700 shares, the short-interest ratio is currently 0.4 days.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Up 1.4 %

NYSE:IGD traded up $0.08 on Friday, hitting $5.58. The stock had a trading volume of 194,818 shares, compared to its average volume of 246,873. The business’s fifty day moving average is $5.47 and its 200 day moving average is $5.52. Voya Global Equity Dividend and Premium Opportunity Fund has a 52 week low of $4.95 and a 52 week high of $5.70.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be paid a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 10.76%. The ex-dividend date is Monday, March 3rd.

Institutional Trading of Voya Global Equity Dividend and Premium Opportunity Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. Penserra Capital Management LLC purchased a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter worth approximately $11,337,000. LPL Financial LLC raised its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 4.5% in the fourth quarter. LPL Financial LLC now owns 784,229 shares of the investment management company’s stock worth $4,251,000 after purchasing an additional 33,668 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter worth approximately $2,364,000. Envestnet Asset Management Inc. raised its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 4.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 277,194 shares of the investment management company’s stock worth $1,502,000 after purchasing an additional 13,021 shares during the last quarter. 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 purchasing an additional 47,367 shares during the last quarter.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

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.