Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Increases By 144.5%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 130,300 shares, a growth of 144.5% from the February 13th total of 53,300 shares. Based on an average daily trading volume, of 85,700 shares, the short-interest ratio is presently 1.5 days.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

NYSE IHD remained flat at $5.32 during mid-day trading on Thursday. 29,678 shares of the company were exchanged, compared to its average volume of 87,004. Voya Emerging Markets High Dividend Equity Fund has a 1 year low of $4.95 and a 1 year high of $5.82. The firm’s fifty day simple moving average is $5.22 and its two-hundred day simple moving average is $5.29.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 12.41%. The ex-dividend date is Monday, March 3rd.

Institutional Trading of Voya Emerging Markets High Dividend Equity Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IHD. One Capital Management LLC acquired a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the fourth quarter worth approximately $53,000. Cary Street Partners Financial LLC purchased a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter valued at $55,000. Total Wealth Planning & Management Inc. acquired a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth $81,000. Logan Stone Capital LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the 4th quarter worth $93,000. Finally, Comprehensive Money Management Services LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at $122,000.

About Voya Emerging Markets High Dividend Equity Fund

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.