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) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 149,700 shares, a drop of 11.2% from the August 15th total of 168,500 shares. Based on an average trading volume of 524,700 shares, the short-interest ratio is currently 0.3 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Price Performance

Shares of NYSE EXG traded down $0.01 during mid-day trading on Wednesday, hitting $8.46. The company had a trading volume of 142,223 shares, compared to its average volume of 508,657. The stock’s 50-day moving average price is $8.38 and its 200-day moving average price is $8.26. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 1 year low of $6.78 and a 1 year high of $8.80.

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

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 20th will be given a dividend of $0.0657 per share. This represents a $0.79 annualized dividend and a dividend yield of 9.32%. The ex-dividend date of this dividend is Friday, September 20th.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Cornerstone Advisors LLC grew its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 43.8% during the 1st quarter. Cornerstone Advisors LLC now owns 2,714,928 shares of the financial services provider’s stock valued at $22,154,000 after purchasing an additional 827,496 shares in the last quarter. 1607 Capital Partners LLC lifted its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 268.9% in the 4th quarter. 1607 Capital Partners LLC now owns 1,076,042 shares of the financial services provider’s stock worth $8,307,000 after acquiring an additional 784,331 shares during the last quarter. CoreCap Advisors LLC purchased a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 2nd quarter valued at $3,390,000. Cetera Investment Advisers grew its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2,029.8% during the 1st quarter. Cetera Investment Advisers now owns 226,445 shares of the financial services provider’s stock valued at $1,848,000 after purchasing an additional 215,813 shares during the last quarter. Finally, Flow State Investments L.P. raised its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 981.7% in the 4th quarter. Flow State Investments L.P. now owns 211,291 shares of the financial services provider’s stock worth $1,631,000 after purchasing an additional 191,758 shares during the period.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

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.