Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Increases By 32.6%

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Bank of America Corp DE boosted its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 10.5% in the second quarter. Bank of America Corp DE now owns 16,610 shares of the company’s stock worth $194,000 after buying an additional 1,581 shares during the last quarter. Uhlmann Price Securities LLC lifted its holdings in Voya Infrastructure, Industrials and Materials Fund by 20.5% in the 3rd quarter. Uhlmann Price Securities LLC now owns 24,451 shares of the company’s stock worth $297,000 after purchasing an additional 4,157 shares in the last quarter. NWF Advisory Services Inc. boosted its position in shares of Voya Infrastructure, Industrials and Materials Fund by 7.6% during the third quarter. NWF Advisory Services Inc. now owns 28,200 shares of the company’s stock worth $342,000 after acquiring an additional 2,000 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of Voya Infrastructure, Industrials and Materials Fund by 54.4% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 30,032 shares of the company’s stock valued at $351,000 after purchasing an additional 10,581 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Voya Infrastructure, Industrials and Materials Fund by 14,903.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 49,961 shares of the company’s stock worth $584,000 after acquiring an additional 49,628 shares during the last quarter.

Voya Infrastructure, Industrials and Materials Fund Price Performance

Shares of IDE stock traded up $0.17 during mid-day trading on Monday, reaching $12.92. The stock had a trading volume of 134,614 shares, compared to its average volume of 66,129. Voya Infrastructure, Industrials and Materials Fund has a 52-week low of $8.75 and a 52-week high of $12.97. The stock’s 50-day moving average price is $12.06 and its two-hundred day moving average price is $12.09.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

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

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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