Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Declines By 19.8%

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 17,800 shares, a decrease of 19.8% from the February 28th total of 22,200 shares. Based on an average daily trading volume, of 54,800 shares, the days-to-cover ratio is presently 0.3 days.

Voya Infrastructure, Industrials and Materials Fund Trading Down 0.3 %

Shares of IDE opened at $10.55 on Monday. Voya Infrastructure, Industrials and Materials Fund has a 52 week low of $9.84 and a 52 week high of $11.77. The stock has a 50 day moving average of $10.52 and a 200-day moving average of $10.79.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st will be issued a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 11.38%. The ex-dividend date of this dividend is Tuesday, April 1st.

Institutional Trading of Voya Infrastructure, Industrials and Materials Fund

A number of institutional investors and hedge funds have recently modified their holdings of IDE. Walleye Capital LLC bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the 4th quarter valued at about $102,000. Garden State Investment Advisory Services LLC bought a new position in shares of Voya Infrastructure, Industrials and Materials Fund during the fourth quarter valued at approximately $107,000. Shaker Financial Services LLC acquired a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the 4th quarter worth approximately $445,000. Oppenheimer & Co. Inc. lifted its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 38.3% in the 4th quarter. Oppenheimer & Co. Inc. now owns 46,096 shares of the company’s stock worth $468,000 after purchasing an additional 12,774 shares during the last quarter. Finally, World Investment Advisors LLC bought a new position in Voya Infrastructure, Industrials and Materials Fund during the 3rd quarter worth $698,000.

Voya Infrastructure, Industrials and Materials Fund Company Profile

Voya Infrastructure, Industrials and Materials Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the infrastructure, industrials, and materials sectors.