Short Interest in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Increases By 6.6%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 85,000 shares, an increase of 6.6% from the May 31st total of 79,700 shares. Based on an average trading volume of 462,700 shares, the short-interest ratio is currently 0.2 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Trading Up 0.6 %

Shares of NYSE:EXG opened at $8.53 on Friday. The business’s 50 day simple moving average is $8.31 and its two-hundred day simple moving average is $8.04. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 52-week low of $6.78 and a 52-week high of $8.53.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 23rd will be paid a $0.0657 dividend. This represents a $0.79 annualized dividend and a dividend yield of 9.24%. The ex-dividend date is Tuesday, July 23rd.

Institutional Trading of Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Harbor Investment Advisory LLC increased its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 103.0% in the fourth quarter. Harbor Investment Advisory LLC now owns 3,350 shares of the financial services provider’s stock worth $26,000 after buying an additional 1,700 shares during the last quarter. Stonebridge Capital Advisors LLC bought a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the third quarter worth $49,000. ORG Partners LLC bought a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the first quarter worth $51,000. PFS Partners LLC bought a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the fourth quarter worth $58,000. Finally, Sandy Spring Bank bought a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the fourth quarter worth $65,000.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. 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 dividend paying stocks of companies.