Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Increases By 95.2%

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 20,300 shares, a growth of 95.2% from the September 30th total of 10,400 shares. Based on an average daily volume of 55,400 shares, the short-interest ratio is currently 0.4 days.

Voya Infrastructure, Industrials and Materials Fund Stock Performance

Voya Infrastructure, Industrials and Materials Fund stock traded up $0.05 during trading hours on Monday, reaching $11.67. 47,074 shares of the company’s stock were exchanged, compared to its average volume of 48,040. The firm’s 50 day simple moving average is $10.99 and its 200 day simple moving average is $10.54. Voya Infrastructure, Industrials and Materials Fund has a twelve month low of $8.69 and a twelve month high of $11.77.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be given a $0.10 dividend. The ex-dividend date is Friday, November 1st. This represents a $1.20 annualized dividend and a yield of 10.29%.

Hedge Funds Weigh In On Voya Infrastructure, Industrials and Materials Fund

Several hedge funds have recently modified their holdings of IDE. Kovack Advisors Inc. bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the 1st quarter worth $110,000. Hartline Investment Corp bought a new position in Voya Infrastructure, Industrials and Materials Fund in the first quarter worth about $197,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 6.9% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 20,045 shares of the company’s stock valued at $205,000 after purchasing an additional 1,294 shares in the last quarter. SageView Advisory Group LLC bought a new position in shares of Voya Infrastructure, Industrials and Materials Fund during the first quarter valued at approximately $220,000. Finally, B. Riley Wealth Advisors Inc. increased its position in shares of Voya Infrastructure, Industrials and Materials Fund by 10.5% during the first quarter. B. Riley Wealth Advisors Inc. now owns 22,229 shares of the company’s stock valued at $234,000 after acquiring an additional 2,110 shares in the last quarter.

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.