Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Decreases By 82.9%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 16,431 shares, a decline of 82.9% from the May 31st total of 96,343 shares. Based on an average daily volume of 173,165 shares, the short-interest ratio is presently 0.1 days.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IHD. LPL Financial LLC grew its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 58.4% during the 4th quarter. LPL Financial LLC now owns 89,666 shares of the investment management company’s stock worth $562,000 after purchasing an additional 33,042 shares in the last quarter. &PARTNERS acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at about $356,000. Invesco Ltd. acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at about $321,000. NewEdge Advisors LLC lifted its position in Voya Emerging Markets High Dividend Equity Fund by 67.1% during the third quarter. NewEdge Advisors LLC now owns 46,119 shares of the investment management company’s stock worth $289,000 after purchasing an additional 18,525 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Voya Emerging Markets High Dividend Equity Fund during the second quarter worth about $144,000.

Voya Emerging Markets High Dividend Equity Fund Stock Down 0.8%

Shares of IHD traded down $0.06 during mid-day trading on Friday, hitting $7.72. 42,686 shares of the company’s stock were exchanged, compared to its average volume of 117,635. Voya Emerging Markets High Dividend Equity Fund has a 52 week low of $5.75 and a 52 week high of $8.14. The stock’s 50-day simple moving average is $7.47 and its 200-day simple moving average is $6.94.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.055 per share. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date is Wednesday, July 1st.

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.