Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Sees Large Decrease in Short Interest

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 81,900 shares, a decline of 21.0% from the February 28th total of 103,700 shares. Based on an average daily trading volume, of 254,200 shares, the short-interest ratio is currently 0.3 days.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

IGD stock opened at $5.74 on Monday. Voya Global Equity Dividend and Premium Opportunity Fund has a 52-week low of $4.95 and a 52-week high of $5.74. The stock’s fifty day simple moving average is $5.53 and its 200-day simple moving average is $5.52.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.05 per share. The ex-dividend date is Tuesday, April 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.46%.

Institutional Investors Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter valued at approximately $2,364,000. World Investment Advisors LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the third quarter worth $601,000. World Investment Advisors grew its holdings in Voya Global Equity Dividend and Premium Opportunity Fund by 55.8% during the 4th quarter. World Investment Advisors now owns 166,000 shares of the investment management company’s stock valued at $900,000 after purchasing an additional 59,453 shares in the last quarter. Shaker Financial Services LLC lifted its holdings in Voya Global Equity Dividend and Premium Opportunity Fund by 87.7% in the 4th quarter. Shaker Financial Services LLC now owns 111,768 shares of the investment management company’s stock worth $611,000 after buying an additional 52,209 shares in the last quarter. Finally, Lido Advisors LLC boosted its holdings in 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 valued at $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.