Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Sees Large Increase in Short Interest

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 888,500 shares, an increase of 4,276.8% from the July 15th total of 20,300 shares. Based on an average daily volume of 275,200 shares, the days-to-cover ratio is presently 3.2 days.

Institutional Trading of Voya Global Equity Dividend and Premium Opportunity Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Blue Bell Private Wealth Management LLC boosted its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 200.5% in the first quarter. Blue Bell Private Wealth Management LLC now owns 7,002 shares of the investment management company’s stock worth $37,000 after buying an additional 4,672 shares during the last quarter. SP Asset Management LLC purchased a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the 2nd quarter worth about $58,000. Avantax Advisory Services Inc. boosted its stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 20.1% during the 4th quarter. Avantax Advisory Services Inc. now owns 13,004 shares of the investment management company’s stock worth $65,000 after acquiring an additional 2,178 shares in the last quarter. Choreo LLC acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the second quarter valued at approximately $66,000. Finally, CTC Alternative Strategies Ltd. acquired a new position in shares of Voya Global Equity Dividend and Premium Opportunity Fund during the 4th quarter worth approximately $93,000.

Voya Global Equity Dividend and Premium Opportunity Fund Trading Up 0.5 %

Shares of NYSE IGD opened at $5.51 on Wednesday. Voya Global Equity Dividend and Premium Opportunity Fund has a 52 week low of $4.60 and a 52 week high of $5.65. The business’s 50 day moving average price is $5.28 and its 200 day moving average price is $5.19.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Thursday, August 1st will be issued a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 10.89%. The ex-dividend date is Thursday, August 1st.

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.