Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA) Shares Shorted: Short Interest Down 61.2% in September

Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 27,842 shares, a decline of 61.2% from the September 15th total of 71,685 shares. Based on an average daily trading volume, of 93,840 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Voya Global Advantage and Premium Opportunity Fund

A number of large investors have recently bought and sold shares of IGA. Farther Finance Advisors LLC acquired a new position in shares of Voya Global Advantage and Premium Opportunity Fund in the 3rd quarter valued at about $66,000. CoreCap Advisors LLC acquired a new stake in Voya Global Advantage and Premium Opportunity Fund during the third quarter worth approximately $130,000. Evolve Private Wealth LLC acquired a new stake in Voya Global Advantage and Premium Opportunity Fund during the second quarter worth approximately $196,000. Baird Financial Group Inc. grew its stake in Voya Global Advantage and Premium Opportunity Fund by 2.4% during the second quarter. Baird Financial Group Inc. now owns 79,454 shares of the company’s stock worth $787,000 after purchasing an additional 1,853 shares during the period. Finally, Royal Bank of Canada increased its holdings in Voya Global Advantage and Premium Opportunity Fund by 8.2% in the first quarter. Royal Bank of Canada now owns 97,163 shares of the company’s stock worth $929,000 after purchasing an additional 7,384 shares in the last quarter.

Voya Global Advantage and Premium Opportunity Fund Stock Up 0.3%

Voya Global Advantage and Premium Opportunity Fund stock traded up $0.03 during mid-day trading on Tuesday, hitting $10.03. 38,533 shares of the stock were exchanged, compared to its average volume of 64,775. Voya Global Advantage and Premium Opportunity Fund has a 12 month low of $9.21 and a 12 month high of $10.77. The firm’s fifty day simple moving average is $10.36 and its two-hundred day simple moving average is $9.97.

Voya Global Advantage and Premium Opportunity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be issued a $0.0850 dividend. The ex-dividend date is Thursday, October 1st. This represents a $1.02 annualized dividend and a yield of 10.2%.

About Voya Global Advantage and Premium Opportunity Fund

Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, and/or exchange-traded funds.