Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Short Interest Up 109.8% in February

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 78,162 shares, an increase of 109.8% from the January 29th total of 37,259 shares. Based on an average trading volume of 125,279 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 125,279 shares, the short-interest ratio is currently 0.6 days.

Voya Emerging Markets High Dividend Equity Fund Stock Up 0.1%

Shares of IHD stock traded up $0.01 on Friday, reaching $7.07. The stock had a trading volume of 51,743 shares, compared to its average volume of 133,044. The firm’s 50-day moving average is $6.75 and its two-hundred day moving average is $6.37. Voya Emerging Markets High Dividend Equity Fund has a 12 month low of $4.54 and a 12 month high of $7.28.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.055 per share. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date of this dividend is Monday, March 2nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in IHD. Parkside Financial Bank & Trust bought a new position in Voya Emerging Markets High Dividend Equity Fund during the fourth quarter worth about $38,000. Advisory Services Network LLC bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter valued at about $54,000. Cetera Investment Advisers grew its position in shares of Voya Emerging Markets High Dividend Equity Fund by 17.6% during the 4th quarter. Cetera Investment Advisers now owns 12,147 shares of the investment management company’s stock worth $76,000 after purchasing an additional 1,818 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the third quarter worth approximately $77,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter worth approximately $144,000.

About Voya Emerging Markets High Dividend Equity Fund

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.