Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Short Interest Down 59.3% in August

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 21,244 shares, a decline of 59.3% from the July 30th total of 52,202 shares. Based on an average daily trading volume, of 54,083 shares, the short-interest ratio is presently 0.4 days.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

Shares of IHD traded down $0.01 during midday trading on Friday, hitting $7.66. The stock had a trading volume of 17,611 shares, compared to its average volume of 106,055. Voya Emerging Markets High Dividend Equity Fund has a fifty-two week low of $5.84 and a fifty-two week high of $8.14. The business has a 50-day simple moving average of $7.50 and a two-hundred day simple moving average of $7.24.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.055 dividend. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date is Tuesday, September 1st.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in IHD. Almitas Capital LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter valued at $610,000. Bank of America Corp DE purchased a new stake in Voya Emerging Markets High Dividend Equity Fund in the 2nd quarter worth about $1,354,000. Cetera Investment Advisers boosted its position in Voya Emerging Markets High Dividend Equity Fund by 17.6% during the 4th quarter. Cetera Investment Advisers now owns 12,147 shares of the investment management company’s stock worth $76,000 after acquiring an additional 1,818 shares during the period. Parkside Financial Bank & Trust acquired a new stake in Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth about $38,000. Finally, Advisory Services Network LLC purchased a new position in Voya Emerging Markets High Dividend Equity Fund during the 3rd quarter valued at about $54,000.

Voya Emerging Markets High Dividend Equity Fund Company Profile

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.