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

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 169,300 shares, a decrease of 9.9% from the October 15th total of 187,800 shares. Based on an average trading volume of 223,300 shares, the days-to-cover ratio is currently 0.8 days.

Voya Global Equity Dividend and Premium Opportunity Fund Price Performance

Shares of NYSE IGD opened at $5.55 on Tuesday. The firm’s 50-day moving average price is $5.55 and its two-hundred day moving average price is $5.40. Voya Global Equity Dividend and Premium Opportunity Fund has a 52-week low of $4.82 and a 52-week high of $5.70.

Voya Global Equity Dividend and Premium Opportunity Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be issued a $0.05 dividend. The ex-dividend date is Monday, December 2nd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Penserra Capital Management LLC acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund in the third quarter worth $11,337,000. Advisors Asset Management Inc. increased its holdings in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 18.6% in the 1st quarter. Advisors Asset Management Inc. now owns 1,549,415 shares of the investment management company’s stock worth $8,212,000 after acquiring an additional 242,684 shares during the period. Shaker Financial Services LLC lifted its position in Voya Global Equity Dividend and Premium Opportunity Fund by 2,089.9% in the 2nd quarter. Shaker Financial Services LLC now owns 218,985 shares of the investment management company’s stock valued at $1,126,000 after purchasing an additional 208,985 shares during the last quarter. Capital Investment Advisors LLC boosted its stake in Voya Global Equity Dividend and Premium Opportunity Fund by 3.2% during the 2nd quarter. Capital Investment Advisors LLC now owns 2,657,444 shares of the investment management company’s stock valued at $13,659,000 after purchasing an additional 82,998 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the 2nd quarter valued at about $176,000.

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.