Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Expands By 21.4%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 60,200 shares, a growth of 21.4% from the January 31st total of 49,600 shares. Based on an average daily volume of 128,800 shares, the days-to-cover ratio is currently 0.5 days.

Insiders Place Their Bets

In related news, insider Keith Quinton purchased 10,000 shares of the business’s stock in a transaction dated Thursday, February 20th. The shares were acquired at an average cost of $19.14 per share, for a total transaction of $191,400.00. Following the acquisition, the insider now owns 10,000 shares of the company’s stock, valued at $191,400. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Income Fund

Institutional investors have recently made changes to their positions in the business. Millstone Evans Group LLC acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 4th quarter worth $26,000. Elequin Capital LP acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 4th quarter worth about $79,000. Larson Financial Group LLC lifted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 5,000 shares of the company’s stock worth $97,000 after acquiring an additional 3,500 shares during the period. Compass Planning Associates Inc acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 4th quarter worth about $100,000. Finally, US Bancorp DE lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 9.9% in the 3rd quarter. US Bancorp DE now owns 8,188 shares of the company’s stock valued at $159,000 after buying an additional 740 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Down 1.5 %

Shares of NYSE:ETG traded down $0.29 on Thursday, reaching $18.58. The company had a trading volume of 181,005 shares, compared to its average volume of 119,549. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 52-week low of $17.02 and a 52-week high of $19.56. The firm’s 50 day simple moving average is $18.72 and its 200-day simple moving average is $18.91.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a $0.1293 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 8.35%.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying value stocks of companies.