Short Interest in Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Increases By 11.8%

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 102,500 shares, a growth of 11.8% from the November 30th total of 91,700 shares. Based on an average trading volume of 225,900 shares, the days-to-cover ratio is currently 0.5 days.

Voya Global Equity Dividend and Premium Opportunity Fund Price Performance

Shares of Voya Global Equity Dividend and Premium Opportunity Fund stock traded up $0.04 during mid-day trading on Wednesday, hitting $5.42. 190,274 shares of the stock were exchanged, compared to its average volume of 234,286. Voya Global Equity Dividend and Premium Opportunity Fund has a twelve month low of $4.90 and a twelve month high of $5.70. The company has a 50-day simple moving average of $5.51 and a 200 day simple moving average of $5.48.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Monday, December 30th will be paid a $0.05 dividend. The ex-dividend date is Monday, December 30th. This represents a $0.60 annualized dividend and a yield of 11.07%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Capital Investment Advisors LLC increased its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 1.8% during the 3rd quarter. Capital Investment Advisors LLC now owns 2,704,116 shares of the investment management company’s stock valued at $15,251,000 after acquiring an additional 46,672 shares during the last quarter. Penserra Capital Management LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the 3rd quarter valued at $11,337,000. Thrivent Financial for Lutherans grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 2.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 371,231 shares of the investment management company’s stock valued at $1,908,000 after buying an additional 10,000 shares during the period. Private Advisor Group LLC increased its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 1.5% during the 2nd quarter. Private Advisor Group LLC now owns 354,981 shares of the investment management company’s stock worth $1,825,000 after buying an additional 5,150 shares during the last quarter. Finally, Raymond James & Associates raised its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 2.1% in the 2nd quarter. Raymond James & Associates now owns 243,558 shares of the investment management company’s stock worth $1,252,000 after buying an additional 4,961 shares during the period.

About Voya Global Equity Dividend and Premium Opportunity Fund

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.