Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Rises By 106.1%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 54,400 shares, a growth of 106.1% from the December 15th total of 26,400 shares. Based on an average daily volume of 86,600 shares, the days-to-cover ratio is currently 0.6 days.

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

An institutional investor recently raised its position in Voya Emerging Markets High Dividend Equity Fund stock. Arkadios Wealth Advisors boosted its holdings in shares of Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) by 244.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 133,618 shares of the investment management company’s stock after purchasing an additional 94,848 shares during the period. Arkadios Wealth Advisors’ holdings in Voya Emerging Markets High Dividend Equity Fund were worth $669,000 at the end of the most recent reporting period.

Voya Emerging Markets High Dividend Equity Fund Stock Down 0.4 %

Shares of Voya Emerging Markets High Dividend Equity Fund stock traded down $0.02 on Thursday, hitting $5.02. The stock had a trading volume of 181,405 shares, compared to its average volume of 78,410. Voya Emerging Markets High Dividend Equity Fund has a one year low of $4.90 and a one year high of $5.82. The stock’s 50-day simple moving average is $5.13 and its two-hundred day simple moving average is $5.32.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be issued a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 13.15%. The ex-dividend date is Monday, February 3rd.

About Voya Emerging Markets High Dividend Equity Fund

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.