Eaton Vance Tax-Managed Global Dive Eq (NYSE:EXG) was the recipient of a large increase in short interest in September. As of September 29th, there was short interest totalling 1,291,165 shares, an increase of 52.9% from the September 15th total of 844,416 shares. Based on an average daily volume of 752,270 shares, the days-to-cover ratio is presently 1.7 days.

Hedge funds and other institutional investors have recently made changes to their positions in the company. National Planning Corp lifted its holdings in shares of Eaton Vance Tax-Managed Global Dive Eq by 8.2% during the second quarter. National Planning Corp now owns 11,005 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 832 shares during the last quarter. National Asset Management Inc. purchased a new stake in shares of Eaton Vance Tax-Managed Global Dive Eq during the second quarter valued at $106,000. MML Investors Services LLC lifted its holdings in shares of Eaton Vance Tax-Managed Global Dive Eq by 1.0% during the second quarter. MML Investors Services LLC now owns 11,695 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 121 shares during the last quarter. Cetera Investment Advisers purchased a new stake in shares of Eaton Vance Tax-Managed Global Dive Eq during the second quarter valued at $123,000. Finally, Northern Trust Corp purchased a new stake in shares of Eaton Vance Tax-Managed Global Dive Eq during the second quarter valued at $126,000.

Shares of Eaton Vance Tax-Managed Global Dive Eq (NYSE:EXG) opened at 9.50 on Tuesday. Eaton Vance Tax-Managed Global Dive Eq has a 52-week low of $7.88 and a 52-week high of $9.50. The company’s 50-day moving average price is $9.31 and its 200-day moving average price is $9.12. The stock’s market cap is $2.86 billion.

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 24th will be issued a dividend of $0.076 per share. This represents a $0.91 annualized dividend and a dividend yield of 9.60%. The ex-dividend date is Monday, October 23rd.

COPYRIGHT VIOLATION WARNING: “Eaton Vance Tax-Managed Global Dive Eq (EXG) Short Interest Update” was originally published by American Banking News and is owned by of American Banking News. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/10/17/eaton-vance-tax-managed-global-dive-eq-exg-short-interest-update.html.

About Eaton Vance Tax-Managed Global Dive Eq

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund holds investments in various sectors, such as aerospace and defense, auto components, banks, beverages, biotechnology, capital markets, chemicals, diversified telecommunication services, electric utilities, electrical equipment, equity real estate investment trusts, food products, healthcare equipment and supplies, household durables, household products, insurance, Internet and direct marketing retail, Internet software and services, information technology services, machinery, media, metals and mining, multi-utilities, personal products, pharmaceuticals, professional services, road and rail, specialty retail, tobacco and wireless telecommunication services.

Receive News & Ratings for Eaton Vance Tax-Managed Global Dive Eq Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Tax-Managed Global Dive Eq and related companies with MarketBeat.com's FREE daily email newsletter.