Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Short Interest Up 476.6% in December

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 21,803 shares, a growth of 476.6% from the November 30th total of 3,781 shares. Based on an average daily volume of 40,853 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 40,853 shares, the short-interest ratio is currently 0.5 days.

Voya Infrastructure, Industrials and Materials Fund Price Performance

IDE opened at $12.33 on Friday. Voya Infrastructure, Industrials and Materials Fund has a 12 month low of $8.75 and a 12 month high of $12.54. The business has a 50 day simple moving average of $11.97 and a 200-day simple moving average of $11.98.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Tuesday, December 30th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 9.7%.

Hedge Funds Weigh In On Voya Infrastructure, Industrials and Materials Fund

A number of large investors have recently made changes to their positions in IDE. Walleye Capital LLC increased its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 59.4% during the 1st quarter. Walleye Capital LLC now owns 16,077 shares of the company’s stock worth $170,000 after purchasing an additional 5,989 shares in the last quarter. Bank of America Corp DE grew its holdings in Voya Infrastructure, Industrials and Materials Fund by 10.5% during the 2nd quarter. Bank of America Corp DE now owns 16,610 shares of the company’s stock valued at $194,000 after buying an additional 1,581 shares during the last quarter. Uhlmann Price Securities LLC increased its position in Voya Infrastructure, Industrials and Materials Fund by 20.5% during the third quarter. Uhlmann Price Securities LLC now owns 24,451 shares of the company’s stock worth $297,000 after buying an additional 4,157 shares in the last quarter. NWF Advisory Services Inc. raised its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 7.6% in the third quarter. NWF Advisory Services Inc. now owns 28,200 shares of the company’s stock worth $342,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in shares of Voya Infrastructure, Industrials and Materials Fund by 54.4% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 30,032 shares of the company’s stock valued at $351,000 after acquiring an additional 10,581 shares in the last quarter.

About Voya Infrastructure, Industrials and Materials Fund

Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a closed-end management investment company that seeks total return through a combination of current income and capital appreciation. The fund primarily invests in equity securities of companies engaged in infrastructure, industrials and materials businesses, such as utilities, transportation, engineering and construction materials. By targeting firms with established cash flows and growth potential, the fund aims to deliver a blend of yield and long-term capital gains for shareholders.

The fund’s investment strategy combines bottom-up security selection with broad sector diversification.