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) saw a significant 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 trading volume of 173,165 shares, the days-to-cover ratio is currently 0.1 days.

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

Several large investors have recently modified their holdings of the company. Bulldog Investors LLP lifted its holdings in Voya Emerging Markets High Dividend Equity Fund by 55.1% in the fourth quarter. Bulldog Investors LLP now owns 900,453 shares of the investment management company’s stock valued at $5,646,000 after buying an additional 319,956 shares during the period. Osaic Holdings Inc. grew its holdings in Voya Emerging Markets High Dividend Equity Fund by 3.0% during the 4th quarter. Osaic Holdings Inc. now owns 155,597 shares of the investment management company’s stock worth $976,000 after acquiring an additional 4,499 shares during the period. Verition Fund Management LLC raised its position in shares of Voya Emerging Markets High Dividend Equity Fund by 35.0% in the 3rd quarter. Verition Fund Management LLC now owns 150,567 shares of the investment management company’s stock worth $944,000 after acquiring an additional 39,043 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the 2nd quarter worth about $144,000. Finally, Cetera Investment Advisers lifted its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 17.6% in the 4th quarter. Cetera Investment Advisers now owns 12,147 shares of the investment management company’s stock valued at $76,000 after purchasing an additional 1,818 shares during the period.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

IHD stock traded down $0.06 during trading on Friday, hitting $7.72. The company had a trading volume of 42,686 shares, compared to its average volume of 117,635. The business has a 50-day moving average of $7.47 and a 200-day moving average of $6.94. Voya Emerging Markets High Dividend Equity Fund has a one year low of $5.75 and a one year high of $8.14.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

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

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.