Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Sees Large Growth in Short Interest

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 30,739 shares, a growth of 86.1% from the December 31st total of 16,519 shares. Based on an average trading volume of 103,642 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 103,642 shares, the short-interest ratio is presently 0.3 days.

Voya Emerging Markets High Dividend Equity Fund Trading Down 1.7%

Shares of Voya Emerging Markets High Dividend Equity Fund stock traded down $0.12 during trading on Friday, reaching $6.87. The company’s stock had a trading volume of 121,783 shares, compared to its average volume of 119,084. The business’s 50-day moving average price is $6.43 and its 200-day moving average price is $6.22. Voya Emerging Markets High Dividend Equity Fund has a 52 week low of $4.54 and a 52 week high of $7.09.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 2nd will be issued a dividend of $0.055 per share. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%. The ex-dividend date of this dividend is Monday, February 2nd.

Institutional Trading of Voya Emerging Markets High Dividend Equity Fund

A number of hedge funds have recently made changes to their positions in IHD. Advisory Services Network LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter worth about $54,000. Stratos Wealth Partners LTD. purchased a new stake in Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter valued at about $77,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at $144,000. HB Wealth Management LLC purchased a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter worth approximately $157,000. Finally, TrueMark Investments LLC bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter valued at about $209,000.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD) is a closed-end investment company that seeks to provide high current income and long-term capital appreciation by investing primarily in equity securities of companies domiciled or with significant business activities in emerging market countries. The fund emphasizes dividend-paying stocks across a range of industries, including financials, consumer staples, industrials and energy, with the goal of generating above-average yield relative to broader emerging market equity indices.

Launched in the mid-2000s under the ING Investment Management brand, the fund became part of Voya Investment Management’s portfolio offerings following Voya Financial’s acquisition of ING’s U.S.