Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) Short Interest Down 23.9% in January

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTRGet Free Report) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 54,100 shares, a decrease of 23.9% from the January 15th total of 71,100 shares. Based on an average daily trading volume, of 235,200 shares, the short-interest ratio is currently 0.2 days.

Virtus Global Dividend & Income Fund Stock Up 0.3 %

Shares of NYSE ZTR opened at $5.25 on Tuesday. Virtus Global Dividend & Income Fund has a 12-month low of $4.50 and a 12-month high of $6.82. The stock’s fifty day simple moving average is $5.41 and its two-hundred day simple moving average is $5.30.

Virtus Global Dividend & Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 28th. Investors of record on Monday, February 12th will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 11.44%. The ex-dividend date is Friday, February 9th.

Hedge Funds Weigh In On Virtus Global Dividend & Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG grew its position in shares of Virtus Global Dividend & Income Fund by 7.0% in the 4th quarter. UBS Group AG now owns 28,489 shares of the investment management company’s stock worth $187,000 after buying an additional 1,875 shares during the last quarter. Integrated Capital Management Inc. grew its holdings in Virtus Global Dividend & Income Fund by 6.3% in the fourth quarter. Integrated Capital Management Inc. now owns 36,605 shares of the investment management company’s stock worth $202,000 after purchasing an additional 2,154 shares during the last quarter. Mariner LLC increased its position in shares of Virtus Global Dividend & Income Fund by 13.3% during the third quarter. Mariner LLC now owns 20,963 shares of the investment management company’s stock worth $101,000 after purchasing an additional 2,460 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Virtus Global Dividend & Income Fund by 13.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 26,164 shares of the investment management company’s stock valued at $163,000 after purchasing an additional 3,103 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC boosted its position in shares of Virtus Global Dividend & Income Fund by 40.3% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 11,180 shares of the investment management company’s stock worth $62,000 after purchasing an additional 3,213 shares in the last quarter. Hedge funds and other institutional investors own 40.16% of the company’s stock.

Virtus Global Dividend & Income Fund Company Profile

(Get Free Report)

Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.

Further Reading

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