Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Sees Large Growth in Short Interest

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) saw a large increase in short interest in April. As of April 30th, there was short interest totalling 161,400 shares, an increase of 182.7% from the April 15th total of 57,100 shares. Based on an average daily trading volume, of 223,900 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On Voya Global Equity Dividend and Premium Opportunity Fund

Institutional investors have recently modified their holdings of the business. Blue Bell Private Wealth Management LLC grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 200.5% in the first quarter. Blue Bell Private Wealth Management LLC now owns 7,002 shares of the investment management company’s stock worth $37,000 after acquiring an additional 4,672 shares in the last quarter. Clear Street Markets LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter worth $48,000. Silver Oak Securities Incorporated acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter worth $49,000. NBC Securities Inc. acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter worth $55,000. Finally, Avantax Advisory Services Inc. grew its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 20.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 13,004 shares of the investment management company’s stock worth $65,000 after acquiring an additional 2,178 shares in the last quarter.

Voya Global Equity Dividend and Premium Opportunity Fund Price Performance

Shares of IGD stock opened at $5.17 on Monday. The firm has a 50 day moving average of $5.15 and a two-hundred day moving average of $5.04. Voya Global Equity Dividend and Premium Opportunity Fund has a 52 week low of $4.60 and a 52 week high of $5.34.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, May 2nd will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $0.60 annualized dividend and a dividend yield of 11.61%.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

Voya Global Equity Dividend 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 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.