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

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

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

Several institutional investors have recently added to or reduced their stakes in IHD. Kingsview Wealth Management LLC acquired a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter valued at about $418,000. Comprehensive Money Management Services LLC acquired a new stake in Voya Emerging Markets High Dividend Equity Fund in the 2nd quarter worth approximately $111,000. Almitas Capital LLC purchased a new stake in Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter worth approximately $610,000. Bank of America Corp DE acquired a new position in Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at approximately $1,354,000. Finally, Cetera Investment Advisers increased its stake in Voya Emerging Markets High Dividend Equity Fund by 36.1% during the 1st quarter. Cetera Investment Advisers now owns 16,530 shares of the investment management company’s stock valued at $110,000 after purchasing an additional 4,383 shares in the last quarter.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

Shares of IHD traded down $0.01 during midday trading on Friday, hitting $7.66. 17,611 shares of the company’s stock traded hands, compared to its average volume of 106,055. Voya Emerging Markets High Dividend Equity Fund has a 1 year low of $5.84 and a 1 year high of $8.14. The firm’s fifty day moving average is $7.50 and its 200-day moving average is $7.24.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The firm 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) dividend on an annualized basis and a yield of 8.6%.

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.