Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Short Interest Up 32.6% in December

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 28,911 shares, a growth of 32.6% from the December 15th total of 21,803 shares. Based on an average daily trading volume, of 45,142 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 45,142 shares, the days-to-cover ratio is presently 0.6 days.

Voya Infrastructure, Industrials and Materials Fund Stock Up 1.3%

IDE stock traded up $0.17 during trading on Monday, hitting $12.92. 134,614 shares of the company traded hands, compared to its average volume of 66,129. Voya Infrastructure, Industrials and Materials Fund has a 1 year low of $8.75 and a 1 year high of $12.97. The stock’s 50-day simple moving average is $12.08 and its 200 day simple moving average is $12.10.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be paid a $0.10 dividend. This represents a c) annualized dividend and a dividend yield of 9.3%. The ex-dividend date is Monday, February 2nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 10.5% during the 2nd quarter. Bank of America Corp DE now owns 16,610 shares of the company’s stock worth $194,000 after acquiring an additional 1,581 shares in the last quarter. Osaic Holdings Inc. raised its holdings in Voya Infrastructure, Industrials and Materials Fund by 3.5% in the 2nd quarter. Osaic Holdings Inc. now owns 50,660 shares of the company’s stock worth $592,000 after purchasing an additional 1,719 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in Voya Infrastructure, Industrials and Materials Fund by 6.3% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 31,921 shares of the company’s stock worth $387,000 after purchasing an additional 1,889 shares during the period. NWF Advisory Services Inc. boosted its position in Voya Infrastructure, Industrials and Materials Fund by 7.6% during the third quarter. NWF Advisory Services Inc. now owns 28,200 shares of the company’s stock worth $342,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Voya Infrastructure, Industrials and Materials Fund by 0.7% in the second quarter. Invesco Ltd. now owns 314,139 shares of the company’s stock valued at $3,672,000 after purchasing an additional 2,141 shares during the period.

About Voya Infrastructure, Industrials and Materials Fund

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.