Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Expands By 751.6%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 52,202 shares, an increase of 751.6% from the July 15th total of 6,130 shares. Based on an average daily volume of 55,602 shares, the days-to-cover ratio is presently 0.9 days.

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

A number of institutional investors have recently added to or reduced their stakes in the company. Bulldog Investors LLP increased its stake in Voya Emerging Markets High Dividend Equity Fund by 9.1% during the first quarter. Bulldog Investors LLP now owns 982,438 shares of the investment management company’s stock valued at $6,543,000 after acquiring an additional 81,985 shares during the period. Waterfront Wealth Inc. bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the 1st quarter worth approximately $3,236,000. Private Advisor Group LLC grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 36.7% during the 1st quarter. Private Advisor Group LLC now owns 312,161 shares of the investment management company’s stock worth $2,079,000 after purchasing an additional 83,855 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 3.3% during the 2nd quarter. Bank of America Corp DE now owns 205,196 shares of the investment management company’s stock worth $1,219,000 after purchasing an additional 6,513 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of Voya Emerging Markets High Dividend Equity Fund by 3.0% during the fourth quarter. Osaic Holdings Inc. now owns 155,597 shares of the investment management company’s stock valued at $976,000 after purchasing an additional 4,499 shares during the period.

Voya Emerging Markets High Dividend Equity Fund Price Performance

Voya Emerging Markets High Dividend Equity Fund stock traded down $0.01 during mid-day trading on Tuesday, reaching $7.41. The company had a trading volume of 23,728 shares, compared to its average volume of 106,164. The company has a 50 day moving average of $7.54 and a 200-day moving average of $7.18. Voya Emerging Markets High Dividend Equity Fund has a 52 week low of $5.75 and a 52 week high of $8.14.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.055 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%.

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.