Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Short Interest Update

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDEGet Free Report) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 28,911 shares, a growth of 32.6% from the December 15th total of 21,803 shares. Based on an average daily trading volume, of 45,142 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 45,142 shares, the days-to-cover ratio is presently 0.6 days.

Voya Infrastructure, Industrials and Materials Fund Trading Up 1.3%

Shares of NYSE:IDE traded up $0.17 during midday trading on Monday, reaching $12.92. 134,614 shares of the company’s stock traded hands, compared to its average volume of 66,129. The company has a fifty day simple moving average of $12.06 and a two-hundred day simple moving average of $12.09. Voya Infrastructure, Industrials and Materials Fund has a 1 year low of $8.75 and a 1 year high of $12.97.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 2nd will be given a $0.10 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 9.3%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of IDE. Royal Bank of Canada boosted its holdings in Voya Infrastructure, Industrials and Materials Fund by 64.1% in the 1st quarter. Royal Bank of Canada now owns 171,610 shares of the company’s stock worth $1,816,000 after buying an additional 67,052 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Voya Infrastructure, Industrials and Materials Fund by 14,903.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 49,961 shares of the company’s stock worth $584,000 after buying an additional 49,628 shares in the last quarter. Guggenheim Capital LLC raised its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 17.6% during the second quarter. Guggenheim Capital LLC now owns 270,017 shares of the company’s stock valued at $3,156,000 after acquiring an additional 40,389 shares during the last quarter. Oppenheimer & Co. Inc. lifted its position in shares of Voya Infrastructure, Industrials and Materials Fund by 20.6% in the third quarter. Oppenheimer & Co. Inc. now owns 83,724 shares of the company’s stock valued at $1,016,000 after acquiring an additional 14,315 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Voya Infrastructure, Industrials and Materials Fund by 4.3% in the second quarter. Raymond James Financial Inc. now owns 277,986 shares of the company’s stock valued at $3,250,000 after acquiring an additional 11,501 shares in the last quarter.

Voya Infrastructure, Industrials and Materials Fund Company Profile

(Get Free Report)

Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a closed-end management investment company that seeks total return through a combination of current income and capital appreciation. The fund primarily invests in equity securities of companies engaged in infrastructure, industrials and materials businesses, such as utilities, transportation, engineering and construction materials. By targeting firms with established cash flows and growth potential, the fund aims to deliver a blend of yield and long-term capital gains for shareholders.

The fund’s investment strategy combines bottom-up security selection with broad sector diversification.

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