Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Short Interest Down 81.0% in July

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 6,130 shares, a drop of 81.0% from the June 30th total of 32,322 shares. Based on an average daily trading volume, of 68,078 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Waterfront Wealth Inc. bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the first quarter valued at approximately $3,236,000. Bulldog Investors LLP lifted its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 55.1% in the 4th quarter. Bulldog Investors LLP now owns 900,453 shares of the investment management company’s stock worth $5,646,000 after purchasing an additional 319,956 shares in the last quarter. Private Advisor Group LLC raised its holdings in Voya Emerging Markets High Dividend Equity Fund by 36.7% during the first quarter. Private Advisor Group LLC now owns 312,161 shares of the investment management company’s stock worth $2,079,000 after buying an additional 83,855 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of 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 worth $882,000 after acquiring an additional 81,418 shares in the last quarter. Finally, &PARTNERS bought a new position in Voya Emerging Markets High Dividend Equity Fund in the 4th quarter valued at about $356,000.

Voya Emerging Markets High Dividend Equity Fund Trading Down 1.6%

IHD traded down $0.12 during midday trading on Friday, hitting $7.31. The company had a trading volume of 11,285 shares, compared to its average volume of 110,791. 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 moving average price is $7.57 and its 200 day moving average price is $7.12.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be paid a $0.055 dividend. The ex-dividend date is Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 9.0%.

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.