Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Sees Large Growth in Short Interest

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 65,354 shares, an increase of 422.9% from the January 15th total of 12,499 shares. Based on an average daily trading volume, of 84,370 shares, the short-interest ratio is presently 0.8 days. Based on an average daily trading volume, of 84,370 shares, the short-interest ratio is presently 0.8 days.

Voya Infrastructure, Industrials and Materials Fund Stock Performance

Voya Infrastructure, Industrials and Materials Fund stock opened at $13.95 on Friday. The stock’s fifty day moving average price is $12.70 and its two-hundred day moving average price is $12.31. Voya Infrastructure, Industrials and Materials Fund has a one year low of $8.75 and a one year high of $14.00.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be given a $0.10 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%.

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

A number of large investors have recently bought and sold shares of the company. UBS Group AG lifted its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 4.8% during the 3rd quarter. UBS Group AG now owns 77,360 shares of the company’s stock worth $938,000 after acquiring an additional 3,540 shares during the period. Osaic Holdings Inc. lifted its stake in Voya Infrastructure, Industrials and Materials Fund by 3.5% during the second 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 last quarter. Bank of America Corp DE boosted its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 24.4% in the 3rd quarter. Bank of America Corp DE now owns 20,660 shares of the company’s stock valued at $251,000 after purchasing an additional 4,050 shares in the last quarter. Kovack Advisors Inc. acquired a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at $189,000. Finally, Wolverine Asset Management LLC bought a new position in shares of Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at $299,000.

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.