Short Interest in Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Increases By 42.6%

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 65,300 shares, a growth of 42.6% from the January 31st total of 45,800 shares. Based on an average daily trading volume, of 248,300 shares, the short-interest ratio is presently 0.3 days.

Voya Global Equity Dividend and Premium Opportunity Fund Stock Performance

Shares of NYSE:IGD traded down $0.05 during midday trading on Monday, hitting $5.55. The company’s stock had a trading volume of 302,208 shares, compared to its average volume of 245,953. Voya Global Equity Dividend and Premium Opportunity Fund has a 12-month low of $4.95 and a 12-month high of $5.70. The business’s 50 day simple moving average is $5.46 and its 200 day simple moving average is $5.52.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 10.81%. The ex-dividend date is Monday, March 3rd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers increased its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 2.9% in the fourth quarter. Cetera Investment Advisers now owns 72,678 shares of the investment management company’s stock valued at $394,000 after purchasing an additional 2,050 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 3.6% in the 4th quarter. Park Avenue Securities LLC now owns 204,752 shares of the investment management company’s stock worth $1,110,000 after acquiring an additional 7,183 shares during the last quarter. Mariner LLC increased its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 21.3% in the 4th quarter. Mariner LLC now owns 42,655 shares of the investment management company’s stock worth $231,000 after acquiring an additional 7,480 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 17.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 67,297 shares of the investment management company’s stock worth $365,000 after acquiring an additional 9,969 shares during the period. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the 4th quarter valued at about $55,000.

Voya Global Equity Dividend and Premium Opportunity Fund Company Profile

Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.