Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Sees Large Increase in Short Interest

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 48,000 shares, a growth of 169.7% from the March 15th total of 17,800 shares. Based on an average trading volume of 58,100 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Voya Infrastructure, Industrials and Materials Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. World Investment Advisors LLC bought a new position in Voya Infrastructure, Industrials and Materials Fund in the third quarter worth about $698,000. Wolverine Asset Management LLC acquired a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the 4th quarter worth approximately $1,144,000. Oppenheimer & Co. Inc. lifted its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 38.3% in the 4th quarter. Oppenheimer & Co. Inc. now owns 46,096 shares of the company’s stock worth $468,000 after purchasing an additional 12,774 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Voya Infrastructure, Industrials and Materials Fund during the 4th quarter valued at approximately $2,321,000. Finally, Wells Fargo & Company MN boosted its position in Voya Infrastructure, Industrials and Materials Fund by 2.1% during the 4th quarter. Wells Fargo & Company MN now owns 96,976 shares of the company’s stock valued at $984,000 after purchasing an additional 1,964 shares during the period.

Voya Infrastructure, Industrials and Materials Fund Price Performance

IDE traded up $0.04 during trading hours on Tuesday, reaching $10.09. 40,814 shares of the stock traded hands, compared to its average volume of 63,099. Voya Infrastructure, Industrials and Materials Fund has a fifty-two week low of $8.75 and a fifty-two week high of $11.77. The firm’s fifty day simple moving average is $10.35 and its two-hundred day simple moving average is $10.69.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 11.89%. The ex-dividend date is Tuesday, April 1st.

Voya Infrastructure, Industrials and Materials Fund Company Profile

Voya Infrastructure, Industrials and Materials Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the infrastructure, industrials, and materials sectors.