Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Drops By 59.3%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 21,244 shares, a decrease of 59.3% from the July 30th total of 52,202 shares. Based on an average trading volume of 54,083 shares, the short-interest ratio is currently 0.4 days.

Voya Emerging Markets High Dividend Equity Fund Trading Up 0.9%

Shares of NYSE:IHD opened at $7.68 on Friday. The company’s 50-day moving average price is $7.51 and its 200 day moving average price is $7.24. Voya Emerging Markets High Dividend Equity Fund has a fifty-two week low of $5.84 and a fifty-two week high of $8.14.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.055 dividend. The ex-dividend date is Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 8.6%.

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

Hedge funds have recently made changes to their positions in the business. &PARTNERS bought a new position in Voya Emerging Markets High Dividend Equity Fund in the 4th quarter worth approximately $356,000. Invesco Ltd. bought a new stake in Voya Emerging Markets High Dividend Equity Fund during the 4th quarter valued at $321,000. NewEdge Advisors LLC raised its stake in Voya Emerging Markets High Dividend Equity Fund by 67.1% during the 3rd quarter. NewEdge Advisors LLC now owns 46,119 shares of the investment management company’s stock valued at $289,000 after acquiring an additional 18,525 shares in the last quarter. Cetera Investment Advisers boosted its position in Voya Emerging Markets High Dividend Equity Fund by 17.6% during the 4th quarter. Cetera Investment Advisers now owns 12,147 shares of the investment management company’s stock worth $76,000 after acquiring an additional 1,818 shares during the period. Finally, Advisory Services Network LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund during the 3rd quarter worth $54,000.

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.