Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Short Interest Up 21.5% in April

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 372,711 shares, an increase of 21.5% from the March 31st total of 306,746 shares. Based on an average daily volume of 571,470 shares, the days-to-cover ratio is presently 0.7 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Performance

Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock opened at $9.42 on Friday. The stock’s 50-day moving average is $9.12 and its 200-day moving average is $9.28. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 12 month low of $8.20 and a 12 month high of $9.78.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th were issued a $0.0657 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date was Wednesday, April 15th.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Large investors have recently modified their holdings of the company. Summit Investment Advisory Services LLC purchased a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 3rd quarter worth $131,000. SAM Advisors LLC boosted its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 1.2% during the 3rd quarter. SAM Advisors LLC now owns 513,521 shares of the financial services provider’s stock worth $4,673,000 after purchasing an additional 6,140 shares during the period. High Net Worth Advisory Group LLC boosted its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 8.7% during the 3rd quarter. High Net Worth Advisory Group LLC now owns 162,839 shares of the financial services provider’s stock worth $1,482,000 after purchasing an additional 13,000 shares during the period. Geneos Wealth Management Inc. boosted its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 53.9% during the 3rd quarter. Geneos Wealth Management Inc. now owns 3,622 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 1,269 shares during the period. Finally, Spire Wealth Management boosted its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 167.4% during the 3rd quarter. Spire Wealth Management now owns 18,696 shares of the financial services provider’s stock worth $170,000 after purchasing an additional 11,704 shares during the period.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) is a closed-end management investment company that seeks to provide a high level of after-tax income and capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of dividend-paying equity securities across global developed and emerging markets. Portfolio construction emphasizes companies with sustainable dividend track records and the potential for long-term growth, while incorporating active risk management techniques.

The fund’s investment strategy blends bottom-up fundamental research with sector and country allocation decisions designed to capture attractive income opportunities around the world.