Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Grows By 43.1%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 22,900 shares, a growth of 43.1% from the May 15th total of 16,000 shares. Based on an average trading volume of 41,600 shares, the short-interest ratio is presently 0.6 days.

Voya Emerging Markets High Dividend Equity Fund Stock Down 0.4 %

Shares of NYSE:IHD traded down $0.02 during trading on Friday, hitting $5.29. 33,924 shares of the company were exchanged, compared to its average volume of 34,959. Voya Emerging Markets High Dividend Equity Fund has a fifty-two week low of $4.49 and a fifty-two week high of $5.47. The firm has a fifty day moving average price of $5.24 and a two-hundred day moving average price of $5.17.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 17th. Shareholders of record on Monday, June 3rd will be given a dividend of $0.055 per share. This represents a $0.66 annualized dividend and a yield of 12.48%. The ex-dividend date of this dividend is Monday, June 3rd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Blue Bell Private Wealth Management LLC lifted its stake in Voya Emerging Markets High Dividend Equity Fund by 285.9% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 9,432 shares of the investment management company’s stock valued at $50,000 after purchasing an additional 6,988 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 301.8% during the 3rd quarter. Wolverine Asset Management LLC now owns 29,335 shares of the investment management company’s stock worth $145,000 after acquiring an additional 22,034 shares during the period. Avory & Company LLC acquired a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth approximately $502,000. Private Advisor Group LLC raised its stake in Voya Emerging Markets High Dividend Equity Fund by 5.7% in the 1st quarter. Private Advisor Group LLC now owns 185,424 shares of the investment management company’s stock valued at $977,000 after acquiring an additional 10,029 shares during the period. Finally, Saba Capital Management L.P. lifted its holdings in Voya Emerging Markets High Dividend Equity Fund by 27.0% during the 3rd quarter. Saba Capital Management L.P. now owns 371,550 shares of the investment management company’s stock valued at $1,832,000 after purchasing an additional 79,065 shares during the last quarter.

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.