Eaton Vance Tax-Managed Global Dive Eq (NYSE:EXG) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 852,121 shares, an increase of 45.2% from the August 15th total of 587,051 shares. Based on an average daily volume of 658,905 shares, the short-interest ratio is presently 1.3 days.

A number of institutional investors have recently added to or reduced their stakes in EXG. National Planning Corp grew its position in Eaton Vance Tax-Managed Global Dive Eq by 8.2% in the second quarter. National Planning Corp now owns 11,005 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 832 shares in the last quarter. National Asset Management Inc. bought a new position in Eaton Vance Tax-Managed Global Dive Eq in the second quarter valued at $106,000. MML Investors Services LLC grew its position in Eaton Vance Tax-Managed Global Dive Eq by 1.0% in the second quarter. MML Investors Services LLC now owns 11,695 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 121 shares in the last quarter. Cetera Investment Advisers bought a new position in Eaton Vance Tax-Managed Global Dive Eq in the second quarter valued at $123,000. Finally, Northern Trust Corp bought a new position in Eaton Vance Tax-Managed Global Dive Eq in the second quarter valued at $126,000.

Shares of Eaton Vance Tax-Managed Global Dive Eq (EXG) opened at 9.25 on Friday. Eaton Vance Tax-Managed Global Dive Eq has a 1-year low of $7.88 and a 1-year high of $9.45. The company has a 50 day moving average of $9.23 and a 200 day moving average of $9.00.

The firm also recently announced a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 22nd will be given a $0.076 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 9.67%. The ex-dividend date is Thursday, September 21st.

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About Eaton Vance Tax-Managed Global Dive Eq

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund holds investments in various sectors, such as aerospace and defense, auto components, banks, beverages, biotechnology, capital markets, chemicals, diversified telecommunication services, electric utilities, electrical equipment, equity real estate investment trusts, food products, healthcare equipment and supplies, household durables, household products, insurance, Internet and direct marketing retail, Internet software and services, information technology services, machinery, media, metals and mining, multi-utilities, personal products, pharmaceuticals, professional services, road and rail, specialty retail, tobacco and wireless telecommunication services.

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