Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Rises By 233.1%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 16,519 shares, a growth of 233.1% from the December 15th total of 4,959 shares. Based on an average daily trading volume, of 38,528 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 38,528 shares, the days-to-cover ratio is currently 0.4 days.

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

Hedge funds have recently made changes to their positions in the stock. HB Wealth Management LLC bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the 2nd quarter worth approximately $157,000. Shaker Financial Services LLC raised its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 71.1% in the second quarter. Shaker Financial Services LLC now owns 80,607 shares of the investment management company’s stock valued at $479,000 after purchasing an additional 33,493 shares in the last quarter. TrueMark Investments LLC bought a new position in Voya Emerging Markets High Dividend Equity Fund in the third quarter worth $209,000. Uhlmann Price Securities LLC lifted its position in Voya Emerging Markets High Dividend Equity Fund by 13.9% in the third quarter. Uhlmann Price Securities LLC now owns 33,979 shares of the investment management company’s stock worth $213,000 after purchasing an additional 4,140 shares during the period. Finally, Stratos Wealth Partners LTD. acquired a new stake in Voya Emerging Markets High Dividend Equity Fund during the third quarter worth $77,000.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

Shares of Voya Emerging Markets High Dividend Equity Fund stock remained flat at $6.67 during midday trading on Wednesday. 111,770 shares of the stock traded hands, compared to its average volume of 94,152. Voya Emerging Markets High Dividend Equity Fund has a twelve month low of $4.54 and a twelve month high of $6.70. The company’s fifty day moving average price is $6.27 and its 200 day moving average price is $6.14.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th will be issued a dividend of $0.055 per share. The ex-dividend date is Tuesday, December 30th. This represents a c) annualized dividend and a dividend yield of 9.9%.

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.