Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Short Interest Drops 36.7%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 20,913 shares, a decrease of 36.7% from the September 15th total of 33,016 shares. Based on an average daily trading volume, of 47,368 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Voya Emerging Markets High Dividend Equity Fund

Large investors have recently made changes to their positions in the company. Shaker Financial Services LLC grew its holdings in Voya Emerging Markets High Dividend Equity Fund by 12.8% during the 3rd quarter. Shaker Financial Services LLC now owns 29,479 shares of the investment management company’s stock valued at $223,000 after purchasing an additional 3,350 shares during the last quarter. Kingsview Wealth Management LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter valued at approximately $418,000. Comprehensive Money Management Services LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter valued at approximately $111,000. Almitas Capital LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter valued at approximately $610,000. Finally, Bank of America Corp DE bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter valued at approximately $1,354,000.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

Shares of IHD opened at $7.42 on Friday. The business has a fifty day moving average of $7.58 and a 200 day moving average of $7.44. Voya Emerging Markets High Dividend Equity Fund has a 52-week low of $5.93 and a 52-week high of $8.14.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, October 1st were paid a $0.0550 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.66 annualized dividend and a dividend yield of 8.9%.

About Voya Emerging Markets High Dividend Equity Fund

Voya Emerging Markets High Dividend Equity Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol IHD. The fund seeks to provide current income and long-term capital appreciation by investing primarily in dividend-paying equity securities issued by companies in emerging-market countries.

The fund’s portfolio may include common stocks and other equity investments across a range of industries and emerging-market geographies. Its investment approach emphasizes companies that offer relatively attractive dividend yields, while also considering business fundamentals, valuation and the potential for capital growth.