Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Short Interest Update

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 16,431 shares, a drop of 82.9% from the May 31st total of 96,343 shares. Based on an average daily trading volume, of 173,165 shares, the short-interest ratio is currently 0.1 days.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

Voya Emerging Markets High Dividend Equity Fund stock opened at $7.79 on Friday. Voya Emerging Markets High Dividend Equity Fund has a 12 month low of $5.75 and a 12 month high of $8.14. The company’s fifty day simple moving average is $7.46 and its 200-day simple moving average is $6.94.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be paid a $0.055 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 8.5%.

Institutional Investors Weigh In On Voya Emerging Markets High Dividend Equity Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in IHD. Cetera Investment Advisers raised its holdings in Voya Emerging Markets High Dividend Equity Fund by 17.6% during the fourth quarter. Cetera Investment Advisers now owns 12,147 shares of the investment management company’s stock valued at $76,000 after buying an additional 1,818 shares in the last quarter. &PARTNERS bought a new stake in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth about $356,000. Parkside Financial Bank & Trust acquired a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter valued at about $38,000. LPL Financial LLC increased its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 58.4% during the 4th quarter. LPL Financial LLC now owns 89,666 shares of the investment management company’s stock valued at $562,000 after acquiring an additional 33,042 shares during the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter valued at approximately $54,000.

About Voya Emerging Markets High Dividend Equity Fund

Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD) is a closed-end investment company that seeks to provide high current income and long-term capital appreciation by investing primarily in equity securities of companies domiciled or with significant business activities in emerging market countries. The fund emphasizes dividend-paying stocks across a range of industries, including financials, consumer staples, industrials and energy, with the goal of generating above-average yield relative to broader emerging market equity indices.

Launched in the mid-2000s under the ING Investment Management brand, the fund became part of Voya Investment Management’s portfolio offerings following Voya Financial’s acquisition of ING’s U.S.