Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Decreases By 79.1%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 13,538 shares, a drop of 79.1% from the July 30th total of 64,766 shares. Based on an average daily volume of 113,280 shares, the days-to-cover ratio is currently 0.1 days.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Harbour Investments Inc. grew its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 556.4% during the fourth quarter. Harbour Investments Inc. now owns 1,641 shares of the company’s stock worth $38,000 after buying an additional 1,391 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 90.9% during the 4th quarter. Farther Finance Advisors LLC now owns 2,100 shares of the company’s stock valued at $49,000 after purchasing an additional 1,000 shares during the last quarter. Ascentis Independent Advisors purchased a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 1st quarter worth about $62,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 16.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,050 shares of the company’s stock valued at $72,000 after acquiring an additional 434 shares during the period. Finally, Advisory Services Network LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 3rd quarter worth approximately $130,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

NYSE:ETG opened at $24.27 on Wednesday. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1-year low of $19.34 and a 1-year high of $24.71. The firm has a fifty day simple moving average of $23.51 and a 200 day simple moving average of $22.63.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a $0.1293 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 6.4%.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

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.