Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Short Interest Down 23.7% in February

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) saw a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 22,200 shares, a decrease of 23.7% from the February 13th total of 29,100 shares. Based on an average trading volume of 62,700 shares, the short-interest ratio is currently 0.4 days.

Voya Infrastructure, Industrials and Materials Fund Price Performance

NYSE:IDE traded up $0.04 on Monday, hitting $10.54. The company had a trading volume of 24,768 shares, compared to its average volume of 61,229. The firm has a 50 day moving average of $10.44 and a two-hundred day moving average of $10.79. Voya Infrastructure, Industrials and Materials Fund has a 52 week low of $9.84 and a 52 week high of $11.77.

Voya Infrastructure, Industrials and Materials 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 paid a $0.10 dividend. This represents a $1.20 annualized dividend and a yield of 11.39%. The ex-dividend date is Monday, March 3rd.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Walleye Capital LLC bought a new position in Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at approximately $102,000. Garden State Investment Advisory Services LLC bought a new position in Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at approximately $107,000. Kovack Advisors Inc. lifted its stake in Voya Infrastructure, Industrials and Materials Fund by 14.7% in the 3rd quarter. Kovack Advisors Inc. now owns 12,205 shares of the company’s stock valued at $139,000 after purchasing an additional 1,561 shares during the last quarter. Shaker Financial Services LLC acquired a new position in Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at approximately $445,000. Finally, Oppenheimer & Co. Inc. increased its position in Voya Infrastructure, Industrials and Materials Fund by 38.3% in the 4th quarter. Oppenheimer & Co. Inc. now owns 46,096 shares of the company’s stock valued at $468,000 after acquiring an additional 12,774 shares during the period.

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.