Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Sees Large Drop in Short Interest

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 49,100 shares, a decrease of 13.9% from the September 30th total of 57,000 shares. Based on an average daily volume of 65,200 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of Voya Emerging Markets High Dividend Equity Fund

Several institutional investors have recently made changes to their positions in the business. Asset Dedication LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the second quarter worth about $190,000. Blue Bell Private Wealth Management LLC grew its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 54.7% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 14,588 shares of the investment management company’s stock valued at $78,000 after purchasing an additional 5,156 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 21.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,065,701 shares of the investment management company’s stock worth $11,113,000 after buying an additional 367,957 shares in the last quarter. City of London Investment Management Co. Ltd. lifted its position in shares of Voya Emerging Markets High Dividend Equity Fund by 2.6% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 3,756,340 shares of the investment management company’s stock worth $19,796,000 after buying an additional 93,460 shares during the period. Finally, Private Advisor Group LLC boosted its stake in Voya Emerging Markets High Dividend Equity Fund by 5.7% in the 1st quarter. Private Advisor Group LLC now owns 185,424 shares of the investment management company’s stock valued at $977,000 after buying an additional 10,029 shares in the last quarter.

Voya Emerging Markets High Dividend Equity Fund Stock Down 0.9 %

IHD stock traded down $0.05 during midday trading on Thursday, hitting $5.41. The stock had a trading volume of 67,837 shares, compared to its average volume of 45,652. Voya Emerging Markets High Dividend Equity Fund has a 52 week low of $4.54 and a 52 week high of $5.82. The stock has a 50-day simple moving average of $5.47 and a 200 day simple moving average of $5.36.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be issued a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 12.20%. The ex-dividend date is Friday, November 1st.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.