Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Short Interest Up 255.1% in April

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 44,673 shares, a growth of 255.1% from the April 15th total of 12,579 shares. Based on an average daily volume of 53,676 shares, the days-to-cover ratio is currently 0.8 days.

Voya Infrastructure, Industrials and Materials Fund Price Performance

NYSE:IDE traded down $0.13 on Friday, reaching $13.82. The company’s stock had a trading volume of 29,950 shares, compared to its average volume of 57,820. Voya Infrastructure, Industrials and Materials Fund has a 12-month low of $11.10 and a 12-month high of $14.30. The stock has a 50 day moving average price of $13.11 and a 200 day moving average price of $12.81.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a $0.10 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 8.7%.

Institutional Investors Weigh In On Voya Infrastructure, Industrials and Materials Fund

Several institutional investors and hedge funds have recently modified their holdings of the company. Invesco Ltd. raised its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 14.2% in the 4th quarter. Invesco Ltd. now owns 335,488 shares of the company’s stock valued at $4,127,000 after buying an additional 41,598 shares during the period. Royal Bank of Canada raised its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 14.8% in the 4th quarter. Royal Bank of Canada now owns 297,829 shares of the company’s stock valued at $3,663,000 after buying an additional 38,494 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 4.3% in the 2nd quarter. Raymond James Financial Inc. now owns 277,986 shares of the company’s stock valued at $3,250,000 after buying an additional 11,501 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 26.5% in the 4th quarter. Oppenheimer & Co. Inc. now owns 105,876 shares of the company’s stock valued at $1,302,000 after buying an additional 22,152 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 3.8% in the 4th quarter. LPL Financial LLC now owns 89,922 shares of the company’s stock valued at $1,106,000 after buying an additional 3,275 shares during the period.

Voya Infrastructure, Industrials and Materials Fund Company Profile

Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a closed-end management investment company that seeks total return through a combination of current income and capital appreciation. The fund primarily invests in equity securities of companies engaged in infrastructure, industrials and materials businesses, such as utilities, transportation, engineering and construction materials. By targeting firms with established cash flows and growth potential, the fund aims to deliver a blend of yield and long-term capital gains for shareholders.

The fund’s investment strategy combines bottom-up security selection with broad sector diversification.