Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Short Interest Up 95.4% in January

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 939,910 shares, a growth of 95.4% from the December 31st total of 481,044 shares. Based on an average trading volume of 543,293 shares, the days-to-cover ratio is presently 1.7 days. Based on an average trading volume of 543,293 shares, the days-to-cover ratio is presently 1.7 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Down 0.2%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock traded down $0.02 during midday trading on Friday, hitting $9.70. 591,834 shares of the stock were exchanged, compared to its average volume of 568,072. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 52-week low of $6.74 and a 52-week high of $9.78. The business’s 50-day moving average price is $9.43 and its 200-day moving average price is $9.14.

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

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 15th were paid a dividend of $0.0657 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date was Thursday, January 15th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Kovack Advisors Inc. raised its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2.1% in the third quarter. Kovack Advisors Inc. now owns 54,047 shares of the financial services provider’s stock valued at $492,000 after purchasing an additional 1,098 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 8.5% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 14,248 shares of the financial services provider’s stock worth $130,000 after buying an additional 1,122 shares during the last quarter. Stratos Wealth Partners LTD. increased its stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 5.7% in the second quarter. Stratos Wealth Partners LTD. now owns 21,801 shares of the financial services provider’s stock valued at $191,000 after acquiring an additional 1,178 shares during the last quarter. Investmark Advisory Group LLC increased its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2.5% during the 3rd quarter. Investmark Advisory Group LLC now owns 49,525 shares of the financial services provider’s stock valued at $451,000 after purchasing an additional 1,185 shares during the last quarter. Finally, SOA Wealth Advisors LLC. grew its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 31.7% during the third quarter. SOA Wealth Advisors LLC. now owns 5,254 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 1,264 shares during the last quarter.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

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.