Short Interest in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Grows By 24.9%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 109,700 shares, an increase of 24.9% from the October 15th total of 87,800 shares. Based on an average trading volume of 481,000 shares, the short-interest ratio is currently 0.2 days.

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

NYSE EXG opened at $8.38 on Friday. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a one year low of $7.41 and a one year high of $8.80. The stock’s 50 day simple moving average is $8.48 and its 200 day simple moving average is $8.40.

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

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be given a dividend of $0.0657 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.79 dividend on an annualized basis and a yield of 9.41%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Hobbs Group Advisors LLC acquired a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 2nd quarter worth $25,000. Darwin Wealth Management LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 3rd quarter valued at $25,000. Barrett & Company Inc. acquired a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 3rd quarter valued at $38,000. Larson Financial Group LLC lifted its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 228.8% in the 3rd quarter. Larson Financial Group LLC now owns 9,000 shares of the financial services provider’s stock valued at $78,000 after purchasing an additional 6,263 shares during the period. Finally, IHT Wealth Management LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 3rd quarter valued at $94,000.

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.