Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Short Interest Update

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 4,959 shares, a decrease of 77.2% from the November 30th total of 21,782 shares. Based on an average trading volume of 32,037 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 32,037 shares, the days-to-cover ratio is presently 0.2 days.

Voya Emerging Markets High Dividend Equity Fund Price Performance

IHD traded up $0.09 during trading on Friday, reaching $6.35. 49,584 shares of the stock traded hands, compared to its average volume of 65,909. The stock’s 50-day simple moving average is $6.25 and its two-hundred day simple moving average is $6.08. Voya Emerging Markets High Dividend Equity Fund has a fifty-two week low of $4.54 and a fifty-two week high of $6.49.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, January 15th. Investors of record on Tuesday, December 30th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a c) annualized dividend and a dividend yield of 10.4%.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC acquired a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 3rd quarter worth $54,000. Stratos Wealth Partners LTD. acquired a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter valued at $77,000. B. Riley Wealth Advisors Inc. bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the second quarter worth $144,000. HB Wealth Management LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund during the second quarter worth $157,000. Finally, TrueMark Investments LLC bought a new position in Voya Emerging Markets High Dividend Equity Fund during the third quarter valued at about $209,000.

About Voya Emerging Markets High Dividend Equity Fund

Voya Emerging Markets High Dividend Equity Fund (NYSE: IHD) is a closed-end investment company that seeks to provide high current income and long-term capital appreciation by investing primarily in equity securities of companies domiciled or with significant business activities in emerging market countries. The fund emphasizes dividend-paying stocks across a range of industries, including financials, consumer staples, industrials and energy, with the goal of generating above-average yield relative to broader emerging market equity indices.

Launched in the mid-2000s under the ING Investment Management brand, the fund became part of Voya Investment Management’s portfolio offerings following Voya Financial’s acquisition of ING’s U.S.