Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Declines By 62.4%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 3,988 shares, a drop of 62.4% from the February 12th total of 10,606 shares. Based on an average daily volume of 114,837 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 114,837 shares, the short-interest ratio is currently 0.0 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

Shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock opened at $21.71 on Wednesday. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 12-month low of $15.04 and a 12-month high of $23.67. The firm’s 50 day simple moving average is $23.04 and its two-hundred day simple moving average is $22.14.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $0.1293 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. 1776 Wealth LLC grew its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1.6% during the 4th quarter. 1776 Wealth LLC now owns 32,103 shares of the company’s stock valued at $742,000 after purchasing an additional 495 shares during the last quarter. Level Four Advisory Services LLC lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 4.5% during the third quarter. Level Four Advisory Services LLC now owns 11,663 shares of the company’s stock worth $246,000 after purchasing an additional 500 shares during the period. Accel Wealth Management lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.6% during the fourth quarter. Accel Wealth Management now owns 10,990 shares of the company’s stock worth $254,000 after purchasing an additional 582 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 0.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 87,900 shares of the company’s stock valued at $1,892,000 after buying an additional 718 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 90.9% in the 4th quarter. Farther Finance Advisors LLC now owns 2,100 shares of the company’s stock worth $49,000 after buying an additional 1,000 shares during the period.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.