Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Shares Shorted: Short Interest Up 56.8% in September

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 33,016 shares, a growth of 56.8% from the August 31st total of 21,052 shares. Based on an average daily volume of 46,444 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of Voya Emerging Markets High Dividend Equity Fund

Institutional investors have recently added to or reduced their stakes in the business. Kingsview Wealth Management LLC bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the second quarter worth approximately $418,000. Comprehensive Money Management Services LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at $111,000. Almitas Capital LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 2nd quarter valued at $610,000. Bank of America Corp DE acquired a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the 2nd quarter valued at $1,354,000. Finally, Cetera Investment Advisers lifted its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 36.1% in 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 during the last quarter.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

IHD stock traded down $0.02 during mid-day trading on Thursday, hitting $7.55. The stock had a trading volume of 60,904 shares, compared to its average volume of 98,848. Voya Emerging Markets High Dividend Equity Fund has a 1-year low of $5.93 and a 1-year high of $8.14. The company has a fifty day moving average of $7.53 and a 200 day moving average of $7.37.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, October 7th. Investors of record on Thursday, October 1st will be issued a $0.0550 dividend. The ex-dividend date is Thursday, October 1st. This represents a $0.66 dividend on an annualized basis and a yield of 8.7%.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD) is a closed-end investment fund managed by Voya Investment Management. The fund seeks to provide investors with a high level of current income and long-term capital appreciation by investing primarily in dividend-paying equities issued by companies in emerging-market countries.

The fund’s portfolio may include common stocks and other equity securities across a range of industries and emerging-market geographies. Its investment approach emphasizes companies that offer attractive dividend income while providing exposure to the growth potential of developing economies.