Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Short Interest Up 233.1% in December

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 16,519 shares, a growth of 233.1% from the December 15th total of 4,959 shares. Based on an average daily trading volume, of 38,528 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 38,528 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Voya Emerging Markets High Dividend Equity Fund

Several hedge funds have recently modified their holdings of IHD. Bulldog Investors LLP raised its stake in Voya Emerging Markets High Dividend Equity Fund by 169.3% in the 3rd quarter. Bulldog Investors LLP now owns 580,497 shares of the investment management company’s stock valued at $3,640,000 after acquiring an additional 364,907 shares during the period. Osaic Holdings Inc. increased its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 121.3% in the second quarter. Osaic Holdings Inc. now owns 148,536 shares of the investment management company’s stock valued at $882,000 after purchasing an additional 81,418 shares during the last quarter. Verition Fund Management LLC raised its position in shares of Voya Emerging Markets High Dividend Equity Fund by 35.0% in the third quarter. Verition Fund Management LLC now owns 150,567 shares of the investment management company’s stock valued at $944,000 after purchasing an additional 39,043 shares during the period. Shaker Financial Services LLC lifted its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 71.1% during the 2nd quarter. Shaker Financial Services LLC now owns 80,607 shares of the investment management company’s stock worth $479,000 after buying an additional 33,493 shares during the last quarter. Finally, TrueMark Investments LLC acquired a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the 3rd quarter worth about $209,000.

Voya Emerging Markets High Dividend Equity Fund Stock Up 0.7%

Voya Emerging Markets High Dividend Equity Fund stock traded up $0.05 during midday trading on Tuesday, reaching $6.67. The stock had a trading volume of 91,331 shares, compared to its average volume of 86,547. The firm’s fifty day simple moving average is $6.26 and its 200-day simple moving average is $6.13. Voya Emerging Markets High Dividend Equity Fund has a 1-year low of $4.54 and a 1-year high of $6.67.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th will be paid a $0.055 dividend. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date is Tuesday, December 30th.

About Voya Emerging Markets High Dividend Equity Fund

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.