Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Short Interest Up 144.5% in February

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 130,300 shares, an increase of 144.5% from the February 13th total of 53,300 shares. Based on an average daily volume of 85,700 shares, the days-to-cover ratio is presently 1.5 days.

Voya Emerging Markets High Dividend Equity Fund Trading Up 0.3 %

Shares of NYSE IHD traded up $0.02 during midday trading on Friday, reaching $5.36. 68,272 shares of the stock were exchanged, compared to its average volume of 64,261. Voya Emerging Markets High Dividend Equity Fund has a 12 month low of $4.95 and a 12 month high of $5.82. The business has a 50-day simple moving average of $5.23 and a two-hundred day simple moving average of $5.29.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $0.055 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.66 annualized dividend and a yield of 12.32%.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its position in Voya Emerging Markets High Dividend Equity Fund by 84.5% during the 4th quarter. Wells Fargo & Company MN now owns 694,705 shares of the investment management company’s stock worth $3,480,000 after buying an additional 318,189 shares in the last quarter. Absolute Investment Advisers LLC bought a new stake in Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth about $1,282,000. Raymond James Financial Inc. bought a new stake in Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth about $1,071,000. Quarry LP bought a new stake in Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth about $744,000. Finally, Saba Capital Management L.P. lifted its position in Voya Emerging Markets High Dividend Equity Fund by 14.6% during the 4th quarter. Saba Capital Management L.P. now owns 915,730 shares of the investment management company’s stock worth $4,588,000 after buying an additional 116,361 shares in 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.