Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Increases By 33.6%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 51,700 shares, a growth of 33.6% from the January 15th total of 38,700 shares. Based on an average daily volume of 83,500 shares, the short-interest ratio is currently 0.6 days.

Voya Emerging Markets High Dividend Equity Fund Price Performance

Shares of IHD stock traded up $0.04 during trading hours on Friday, hitting $5.28. 84,139 shares of the company’s stock were exchanged, compared to its average volume of 84,015. The stock’s 50-day moving average is $5.13 and its 200-day moving average is $5.29. Voya Emerging Markets High Dividend Equity Fund has a 52 week low of $4.95 and a 52 week high of $5.82.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a dividend yield of 12.51%. The ex-dividend date of this dividend is Monday, February 3rd.

Hedge Funds Weigh In On Voya Emerging Markets High Dividend Equity Fund

Several large investors have recently made changes to their positions in IHD. Quarry LP acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at about $744,000. Raymond James Financial Inc. acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at about $1,071,000. Wells Fargo & Company MN lifted its stake in Voya Emerging Markets High Dividend Equity Fund by 84.5% in the fourth quarter. Wells Fargo & Company MN now owns 694,705 shares of the investment management company’s stock valued at $3,480,000 after buying an additional 318,189 shares during the period. One Capital Management LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at about $53,000. Finally, Wolverine Asset Management LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at about $511,000.

About Voya Emerging Markets High Dividend Equity Fund

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.