Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Sees Large Decrease in Short Interest

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) saw a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 114,100 shares, a decline of 20.9% from the January 15th total of 144,300 shares. Based on an average trading volume of 566,000 shares, the days-to-cover ratio is currently 0.2 days.

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

Shares of NYSE EXG traded down $0.06 during mid-day trading on Friday, reaching $8.49. The company had a trading volume of 415,696 shares, compared to its average volume of 602,357. The company has a 50-day moving average price of $8.39 and a two-hundred day moving average price of $8.41. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 1-year low of $7.70 and a 1-year high of $8.80.

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

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.0657 per share. The ex-dividend date is Friday, February 14th. This represents a $0.79 dividend on an annualized basis and a yield of 9.28%.

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

Several hedge funds have recently bought and sold shares of the business. Darwin Wealth Management LLC acquired a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 3rd quarter valued at $25,000. CoreFirst Bank & Trust bought a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 4th quarter worth approximately $33,000. Barrett & Company Inc. acquired a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 3rd quarter worth about $38,000. BankPlus Trust Department acquired a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the fourth quarter valued at approximately $41,000. Finally, Millstone Evans Group LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the fourth quarter valued at $52,000.

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.