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

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHDGet Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 52,202 shares, an increase of 751.6% from the July 15th total of 6,130 shares. Based on an average daily volume of 55,602 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of Voya Emerging Markets High Dividend Equity Fund

Several institutional investors have recently added to or reduced their stakes in the company. Waterfront Wealth Inc. acquired a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 1st quarter worth approximately $3,236,000. Bulldog Investors LLP boosted its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 55.1% in the fourth quarter. Bulldog Investors LLP now owns 900,453 shares of the investment management company’s stock valued at $5,646,000 after buying an additional 319,956 shares during the period. Private Advisor Group LLC grew its position in Voya Emerging Markets High Dividend Equity Fund by 36.7% during the first quarter. Private Advisor Group LLC now owns 312,161 shares of the investment management company’s stock worth $2,079,000 after buying an additional 83,855 shares in the last quarter. Osaic Holdings Inc. increased its stake in 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 acquiring an additional 81,418 shares during the period. Finally, &PARTNERS bought a new position in Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth $356,000.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

Shares of NYSE IHD traded up $0.04 during mid-day trading on Thursday, reaching $7.54. 16,782 shares of the company were exchanged, compared to its average volume of 105,410. The company’s 50-day simple moving average is $7.53 and its 200-day simple moving average is $7.18. Voya Emerging Markets High Dividend Equity Fund has a twelve month low of $5.84 and a twelve month high of $8.14.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be issued a dividend of $0.055 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date is Monday, August 3rd.

Voya Emerging Markets High Dividend Equity Fund Company Profile

(Get Free Report)

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.

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