Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Sees Significant Growth in Short Interest

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 32,322 shares, a growth of 96.7% from the June 15th total of 16,431 shares. Based on an average daily volume of 82,273 shares, the short-interest ratio is currently 0.4 days.

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

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

Voya Emerging Markets High Dividend Equity Fund Trading Up 0.3%

Shares of IHD opened at $7.43 on Friday. The company has a 50-day simple moving average of $7.57 and a 200-day simple moving average of $7.08. 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 announced a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be given a dividend of $0.055 per share. This represents a c) annualized dividend and a yield of 8.9%. The ex-dividend date is Monday, August 3rd.

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.