Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Short Interest Update

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 201,642 shares, a growth of 500.1% from the March 15th total of 33,602 shares. Based on an average trading volume of 140,240 shares, the days-to-cover ratio is currently 1.4 days.

Hedge Funds Weigh In On Voya Emerging Markets High Dividend Equity Fund

A number of hedge funds have recently modified their holdings of IHD. Bulldog Investors LLP grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 169.3% during the 3rd quarter. Bulldog Investors LLP now owns 580,497 shares of the investment management company’s stock worth $3,640,000 after purchasing an additional 364,907 shares during the period. Osaic Holdings Inc. grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 121.3% during the 2nd quarter. Osaic Holdings Inc. now owns 148,536 shares of the investment management company’s stock worth $882,000 after purchasing an additional 81,418 shares during the period. &PARTNERS purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth $356,000. Invesco Ltd. purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth $321,000. Finally, Verition Fund Management LLC grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 35.0% during the 3rd quarter. Verition Fund Management LLC now owns 150,567 shares of the investment management company’s stock worth $944,000 after purchasing an additional 39,043 shares during the period.

Voya Emerging Markets High Dividend Equity Fund Price Performance

Shares of Voya Emerging Markets High Dividend Equity Fund stock remained flat at $6.96 during trading hours on Friday. The stock had a trading volume of 42,824 shares, compared to its average volume of 130,392. Voya Emerging Markets High Dividend Equity Fund has a twelve month low of $4.78 and a twelve month high of $7.28. The company’s fifty day simple moving average is $6.77 and its two-hundred day simple moving average is $6.50.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $0.055 per share. The ex-dividend date is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.5%.

About Voya Emerging Markets High Dividend Equity Fund

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.