Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Expands By 81.4%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 16,139 shares, an increase of 81.4% from the June 15th total of 8,896 shares. Based on an average trading volume of 107,224 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of the company. Presper Financial Architects LLC increased its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 2.5% during the 4th quarter. Presper Financial Architects LLC now owns 44,904 shares of the company’s stock valued at $1,037,000 after purchasing an additional 1,077 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in 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. Simplicity Wealth LLC bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 4th quarter worth approximately $220,000. Sanctuary Advisors LLC raised its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 4.2% in the fourth quarter. Sanctuary Advisors LLC now owns 114,742 shares of the company’s stock worth $2,651,000 after purchasing an additional 4,581 shares during the last quarter. Finally, Joel Isaacson & Co. LLC purchased a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the fourth quarter worth approximately $707,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Down 0.6%

Shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock opened at $23.18 on Friday. The firm’s 50 day moving average is $23.05 and its 200 day moving average is $22.52. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1 year low of $19.34 and a 1 year high of $23.76.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a $0.1293 dividend. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Wednesday, July 15th.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

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.