Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) Short Interest Update

Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 208,200 shares, an increase of 154.2% from the March 15th total of 81,900 shares. Based on an average daily volume of 265,000 shares, the days-to-cover ratio is currently 0.8 days.

Voya Global Equity Dividend and Premium Opportunity Fund Price Performance

Shares of Voya Global Equity Dividend and Premium Opportunity Fund stock traded down $0.04 during trading hours on Wednesday, reaching $5.42. 236,299 shares of the company’s stock were exchanged, compared to its average volume of 247,168. The business has a fifty day moving average of $5.51 and a two-hundred day moving average of $5.50. Voya Global Equity Dividend and Premium Opportunity Fund has a 1 year low of $4.95 and a 1 year high of $5.77.

Voya Global Equity Dividend and Premium Opportunity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be issued a $0.05 dividend. The ex-dividend date is Thursday, May 1st. This represents a $0.60 dividend on an annualized basis and a yield of 11.07%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. World Investment Advisors LLC purchased a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the third quarter worth approximately $601,000. Park Avenue Securities LLC boosted its position in shares of Voya Global Equity Dividend and Premium Opportunity Fund by 3.6% during the 4th quarter. Park Avenue Securities LLC now owns 204,752 shares of the investment management company’s stock valued at $1,110,000 after acquiring an additional 7,183 shares during the last quarter. Client 1ST Advisory Group LLC purchased a new stake in shares of Voya Global Equity Dividend and Premium Opportunity Fund in the fourth quarter valued at about $89,000. PFG Investments LLC acquired a new stake in Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth about $60,000. Finally, Strategic Financial Concepts LLC purchased a new position in Voya Global Equity Dividend and Premium Opportunity Fund during the fourth quarter worth about $118,000.

About Voya Global Equity Dividend and Premium Opportunity Fund

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.