Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Shares Shorted: Short Interest Down 56.8% in September

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 7,826 shares, a drop of 56.8% from the August 31st total of 18,117 shares. Based on an average trading volume of 56,591 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Voya Infrastructure, Industrials and Materials Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 5.2% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 37,599 shares of the company’s stock valued at $520,000 after acquiring an additional 1,845 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 0.9% during the first quarter. Royal Bank of Canada now owns 300,565 shares of the company’s stock worth $3,751,000 after purchasing an additional 2,736 shares in the last quarter. Compound Planning Inc. increased its position in shares of Voya Infrastructure, Industrials and Materials Fund by 236.6% in the first quarter. Compound Planning Inc. now owns 82,183 shares of the company’s stock worth $1,026,000 after purchasing an additional 57,770 shares during the last quarter. Cetera Investment Advisers bought a new position in shares of Voya Infrastructure, Industrials and Materials Fund in the first quarter worth approximately $128,000. Finally, Fifth Third Bancorp purchased a new stake in Voya Infrastructure, Industrials and Materials Fund in the first quarter valued at approximately $50,000.

Voya Infrastructure, Industrials and Materials Fund Stock Performance

Voya Infrastructure, Industrials and Materials Fund stock traded down $0.01 during midday trading on Tuesday, reaching $12.14. 52,866 shares of the stock were exchanged, compared to its average volume of 49,261. The company’s fifty day moving average is $12.95 and its 200-day moving average is $13.26. Voya Infrastructure, Industrials and Materials Fund has a 52 week low of $11.36 and a 52 week high of $14.30.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date is Thursday, October 1st.

Voya Infrastructure, Industrials and Materials Fund Company Profile

(Get Free Report)

Voya Infrastructure, Industrials and Materials Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol IDE. The fund seeks to provide investors with total return through a combination of income and capital appreciation by investing primarily in equity securities of companies involved in infrastructure, industrials and materials.

Its portfolio may include businesses that develop, own, manufacture or provide services related to transportation, utilities, energy infrastructure, construction, engineering, manufacturing, natural resources, chemicals and other basic materials.

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