Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Rises By 233.1%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 16,519 shares, an increase of 233.1% from the December 15th total of 4,959 shares. Based on an average daily volume of 38,528 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 38,528 shares, the short-interest ratio is presently 0.4 days.

Voya Emerging Markets High Dividend Equity Fund Price Performance

Shares of NYSE IHD opened at $6.67 on Thursday. Voya Emerging Markets High Dividend Equity Fund has a 1 year low of $4.54 and a 1 year high of $6.70. The stock has a fifty day moving average price of $6.27 and a two-hundred day moving average price of $6.14.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, January 15th. Investors of record on Tuesday, December 30th will be paid a dividend of $0.055 per share. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a c) annualized dividend and a yield of 9.9%.

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

A number of institutional investors and hedge funds have recently bought and sold shares of IHD. Bulldog Investors LLP boosted its position in shares of Voya Emerging Markets High Dividend Equity Fund by 169.3% during the 3rd quarter. Bulldog Investors LLP now owns 580,497 shares of the investment management company’s stock valued at $3,640,000 after purchasing an additional 364,907 shares in the last quarter. Osaic Holdings Inc. lifted its stake in Voya Emerging Markets High Dividend Equity Fund by 121.3% during the second quarter. Osaic Holdings Inc. now owns 148,536 shares of the investment management company’s stock valued at $882,000 after purchasing an additional 81,418 shares during the last quarter. Verition Fund Management LLC lifted its stake in Voya Emerging Markets High Dividend Equity Fund by 35.0% during the third quarter. Verition Fund Management LLC now owns 150,567 shares of the investment management company’s stock valued at $944,000 after purchasing an additional 39,043 shares during the last quarter. Shaker Financial Services LLC boosted its holdings in Voya Emerging Markets High Dividend Equity Fund by 71.1% during the second quarter. Shaker Financial Services LLC now owns 80,607 shares of the investment management company’s stock worth $479,000 after buying an additional 33,493 shares in the last quarter. Finally, TrueMark Investments LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the third quarter worth approximately $209,000.

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.