Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Short Interest Update

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD – Get Rating) saw a significant drop in short interest in April. As of April 15th, there was short interest totalling 49,800 shares, a drop of 57.7% from the March 31st total of 117,600 shares. Based on an average daily trading volume, of 244,600 shares, the short-interest ratio is presently 0.2 days.

Voya Global Equity Dividend and Premium Opportunity Fund stock traded down $0.06 during mid-day trading on Friday, hitting $5.75. 178,938 shares of the company were exchanged, compared to its average volume of 257,561. The business’s 50 day simple moving average is $5.79 and its two-hundred day simple moving average is $5.96. Voya Global Equity Dividend and Premium Opportunity Fund has a 12-month low of $5.45 and a 12-month high of $6.37.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, May 16th. Stockholders of record on Tuesday, May 3rd will be issued a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a dividend yield of 8.35%. The ex-dividend date is Monday, May 2nd.

Hedge funds have recently bought and sold shares of the company. Round Rock Advisors LLC acquired a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth $314,000. Kovack Advisors Inc. boosted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 8.5% during the fourth quarter. Kovack Advisors Inc. now owns 26,743 shares of the investment management company’s stock worth $166,000 after purchasing an additional 2,100 shares during the last quarter. Morgan Stanley boosted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 7.0% during the third quarter. Morgan Stanley now owns 1,967,170 shares of the investment management company’s stock worth $11,607,000 after purchasing an additional 129,496 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 11.8% during the third quarter. Thrivent Financial for Lutherans now owns 194,471 shares of the investment management company’s stock worth $1,148,000 after purchasing an additional 20,482 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 13.3% during the third quarter. Invesco Ltd. now owns 1,285,390 shares of the investment management company’s stock worth $7,584,000 after purchasing an additional 150,457 shares during the last quarter.

About Voya Global Equity Dividend and Premium Opportunity Fund (Get Rating)

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.

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