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

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 33,016 shares, an increase of 56.8% from the August 31st total of 21,052 shares. Based on an average daily volume of 46,444 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Voya Emerging Markets High Dividend Equity Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Comprehensive Money Management Services LLC purchased a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter valued at $111,000. Cetera Investment Advisers lifted its holdings in Voya Emerging Markets High Dividend Equity Fund by 36.1% during the 1st quarter. Cetera Investment Advisers now owns 16,530 shares of the investment management company’s stock valued at $110,000 after buying an additional 4,383 shares in the last quarter. Fifth Third Bancorp purchased a new stake in Voya Emerging Markets High Dividend Equity Fund in the 1st quarter valued at about $310,000. Kingsview Wealth Management LLC bought a new position in Voya Emerging Markets High Dividend Equity Fund in the 2nd quarter worth about $418,000. Finally, Almitas Capital LLC bought a new position in Voya Emerging Markets High Dividend Equity Fund in the 2nd quarter worth about $610,000.

Voya Emerging Markets High Dividend Equity Fund Trading Up 0.7%

IHD stock traded up $0.05 during mid-day trading on Friday, reaching $7.58. 28,877 shares of the stock traded hands, compared to its average volume of 98,408. The business has a 50-day moving average price of $7.53 and a two-hundred day moving average price of $7.37. Voya Emerging Markets High Dividend Equity Fund has a one year low of $5.93 and a one year high of $8.14.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, October 7th. Investors of record on Thursday, October 1st will be given a $0.0550 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Thursday, October 1st.

About Voya Emerging Markets High Dividend Equity Fund

(Get Free Report)

Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD) is a closed-end investment fund managed by Voya Investment Management. The fund seeks to provide investors with a high level of current income and long-term capital appreciation by investing primarily in dividend-paying equities issued by companies in emerging-market countries.

The fund’s portfolio may include common stocks and other equity securities across a range of industries and emerging-market geographies. Its investment approach emphasizes companies that offer attractive dividend income while providing exposure to the growth potential of developing economies.

Further Reading

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