Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Sees Large Increase in Short Interest

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 35,192 shares, a growth of 171.5% from the September 30th total of 12,961 shares. Based on an average daily trading volume, of 58,344 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Voya Infrastructure, Industrials and Materials Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC increased its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 452.0% in the third quarter. International Assets Investment Management LLC now owns 130,000 shares of the company’s stock worth $1,585,000 after purchasing an additional 106,450 shares in the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Voya Infrastructure, Industrials and Materials Fund by 16.9% in the third quarter. Oppenheimer & Co. Inc. now owns 148,375 shares of the company’s stock valued at $1,809,000 after purchasing an additional 21,458 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 5.2% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 37,599 shares of the company’s stock valued at $520,000 after buying an additional 1,845 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 0.9% during the 1st quarter. Royal Bank of Canada now owns 300,565 shares of the company’s stock valued at $3,751,000 after buying an additional 2,736 shares in the last quarter. Finally, Compound Planning Inc. lifted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 236.6% during the 1st quarter. Compound Planning Inc. now owns 82,183 shares of the company’s stock valued at $1,026,000 after buying an additional 57,770 shares in the last quarter.

Voya Infrastructure, Industrials and Materials Fund Trading Down 1.9%

IDE stock opened at $11.86 on Friday. Voya Infrastructure, Industrials and Materials Fund has a fifty-two week low of $11.36 and a fifty-two week high of $14.30. The stock has a fifty day moving average of $12.42 and a 200-day moving average of $13.17.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 10.1%. The ex-dividend date is Monday, November 2nd.

Voya Infrastructure, Industrials and Materials Fund Company Profile

Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a diversified, closed-end investment company that seeks to provide investors with current income and capital appreciation. The fund invests primarily in publicly traded companies associated with infrastructure, industrials and materials, giving shareholders access to a portfolio focused on sectors that support economic activity and physical development.

Its portfolio may include companies involved in areas such as transportation, utilities, energy infrastructure, construction, engineering, manufacturing, mining, chemicals and other basic materials.