Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Short Interest Update

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 149,300 shares, a growth of 81.0% from the September 15th total of 82,500 shares. Based on an average trading volume of 549,100 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in EXG. Atomi Financial Group Inc. grew its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 4.3% during the first quarter. Atomi Financial Group Inc. now owns 38,438 shares of the financial services provider’s stock valued at $314,000 after buying an additional 1,600 shares in the last quarter. ORG Partners LLC purchased a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 1st quarter valued at about $51,000. 9258 Wealth Management LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 1st quarter valued at about $85,000. Allspring Global Investments Holdings LLC lifted its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 0.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,159,924 shares of the financial services provider’s stock worth $17,625,000 after purchasing an additional 19,032 shares in the last quarter. Finally, J.W. Cole Advisors Inc. boosted its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 48.8% during the first quarter. J.W. Cole Advisors Inc. now owns 54,384 shares of the financial services provider’s stock worth $444,000 after purchasing an additional 17,844 shares during the period.

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

Shares of EXG opened at $8.56 on Monday. The firm’s 50 day moving average is $8.40 and its 200-day moving average is $8.32. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 12-month low of $6.78 and a 12-month high of $8.80.

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

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 23rd will be paid a $0.066 dividend. This is a positive change from Eaton Vance Tax-Managed Global Diversified Equity Income Fund’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Wednesday, October 23rd. This represents a $0.79 dividend on an annualized basis and a yield of 9.25%.

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.