Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR - Get Free Report) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 73,200 shares, a growth of 87.2% from the March 31st total of 39,100 shares. Based on an average daily trading volume, of 275,900 shares, the short-interest ratio is presently 0.3 days.
Virtus Global Dividend & Income Fund Stock Up 0.2 %
NYSE ZTR traded up $0.02 on Friday, hitting $6.09. 122,403 shares of the stock were exchanged, compared to its average volume of 263,750. Virtus Global Dividend & Income Fund has a 52-week low of $5.22 and a 52-week high of $6.26. The stock has a fifty day moving average price of $5.84 and a two-hundred day moving average price of $5.91.
Virtus Global Dividend & Income Fund Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, April 29th. Shareholders of record on Friday, April 11th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, April 11th.
Hedge Funds Weigh In On Virtus Global Dividend & Income Fund
Large investors have recently bought and sold shares of the business. Park Avenue Securities LLC boosted its stake in shares of Virtus Global Dividend & Income Fund by 2.0% during the fourth quarter. Park Avenue Securities LLC now owns 234,351 shares of the investment management company's stock valued at $1,373,000 after purchasing an additional 4,602 shares in the last quarter. Absolute Investment Advisers LLC bought a new position in Virtus Global Dividend & Income Fund in the fourth quarter worth about $9,355,000. Truist Financial Corp purchased a new stake in shares of Virtus Global Dividend & Income Fund during the fourth quarter valued at about $168,000. IFP Advisors Inc bought a new stake in shares of Virtus Global Dividend & Income Fund in the 4th quarter valued at about $29,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Virtus Global Dividend & Income Fund in the 4th quarter worth approximately $886,000. Hedge funds and other institutional investors own 47.14% 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.
Featured Articles
Before you consider Virtus Global Dividend & Income Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Virtus Global Dividend & Income Fund wasn't on the list.
While Virtus Global Dividend & Income Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
