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

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 30,739 shares, an increase of 86.1% from the December 31st total of 16,519 shares. Based on an average daily trading volume, of 103,642 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 103,642 shares, the days-to-cover ratio is currently 0.3 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. Advisory Services Network LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the third quarter valued at approximately $54,000. NewEdge Advisors LLC raised its position in shares of Voya Emerging Markets High Dividend Equity Fund by 67.1% in the third quarter. NewEdge Advisors LLC now owns 46,119 shares of the investment management company’s stock valued at $289,000 after buying an additional 18,525 shares during the last quarter. Verition Fund Management LLC lifted its position in Voya Emerging Markets High Dividend Equity Fund by 35.0% during the third quarter. Verition Fund Management LLC now owns 150,567 shares of the investment management company’s stock worth $944,000 after buying an additional 39,043 shares in the last quarter. Bulldog Investors LLP increased 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 buying an additional 364,907 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in Voya Emerging Markets High Dividend Equity Fund by 5.0% in the 3rd quarter. Private Advisor Group LLC now owns 226,069 shares of the investment management company’s stock valued at $1,417,000 after buying an additional 10,837 shares during the period.

Voya Emerging Markets High Dividend Equity Fund Stock Down 1.7%

NYSE IHD traded down $0.12 during trading on Friday, hitting $6.87. The company had a trading volume of 121,783 shares, compared to its average volume of 119,084. Voya Emerging Markets High Dividend Equity Fund has a one year low of $4.54 and a one year high of $7.09. The company’s fifty day moving average is $6.43 and its 200-day moving average is $6.22.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be given a dividend of $0.055 per share. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date is Monday, February 2nd.

Voya Emerging Markets High Dividend Equity Fund Company Profile

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.