Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Increases By 44.6%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 95,000 shares, an increase of 44.6% from the March 15th total of 65,700 shares. Based on an average daily volume of 140,600 shares, the short-interest ratio is presently 0.7 days.

Insiders Place Their Bets

In related news, insider Keith Quinton purchased 10,000 shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock in a transaction that occurred on Thursday, February 20th. The shares were bought at an average price of $19.14 per share, with a total value of $191,400.00. Following the purchase, the insider now directly owns 10,000 shares of the company’s stock, valued at approximately $191,400. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

Several institutional investors have recently bought and sold shares of the business. Millstone Evans Group LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 4th quarter valued at $26,000. Elequin Capital LP purchased a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the fourth quarter valued at about $79,000. Compass Planning Associates Inc bought a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the fourth quarter worth about $100,000. GWN Securities Inc. purchased a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the fourth quarter valued at about $231,000. Finally, Jane Street Group LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 4th quarter valued at about $233,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Up 1.2 %

Shares of NYSE ETG traded up $0.20 during trading hours on Friday, reaching $17.33. The stock had a trading volume of 74,437 shares, compared to its average volume of 124,041. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 52-week low of $15.04 and a 52-week high of $19.56. The business’s fifty day moving average price is $18.26 and its two-hundred day moving average price is $18.68.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a $0.1293 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $1.55 annualized dividend and a dividend yield of 8.95%.

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.