Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Sees Significant Drop in Short Interest

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 31,426 shares, a drop of 59.8% from the February 12th total of 78,162 shares. Based on an average daily volume of 178,596 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 178,596 shares, the days-to-cover ratio is presently 0.2 days.

Voya Emerging Markets High Dividend Equity Fund Trading Up 1.0%

Voya Emerging Markets High Dividend Equity Fund stock opened at $6.52 on Wednesday. Voya Emerging Markets High Dividend Equity Fund has a 52 week low of $4.54 and a 52 week high of $7.28. The business’s 50-day simple moving average is $6.80 and its 200-day simple moving average is $6.41.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a $0.055 dividend. This represents a c) annualized dividend and a yield of 10.1%. The ex-dividend date of this dividend is Monday, March 2nd.

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

Several hedge funds have recently modified their holdings of IHD. Verition Fund Management LLC grew its stake in shares of Voya Emerging Markets High Dividend Equity Fund by 35.0% in the third quarter. Verition Fund Management LLC now owns 150,567 shares of the investment management company’s stock worth $944,000 after acquiring an additional 39,043 shares during the last quarter. Osaic Holdings Inc. raised its stake in Voya Emerging Markets High Dividend Equity Fund by 121.3% during the 2nd quarter. Osaic Holdings Inc. now owns 148,536 shares of the investment management company’s stock valued at $882,000 after purchasing an additional 81,418 shares during the last quarter. &PARTNERS acquired a new position in Voya Emerging Markets High Dividend Equity Fund during the 4th quarter valued at $356,000. Invesco Ltd. bought a new stake in Voya Emerging Markets High Dividend Equity Fund in the 4th quarter valued at $321,000. Finally, NewEdge Advisors LLC boosted its holdings in Voya Emerging Markets High Dividend Equity Fund by 67.1% in the 3rd quarter. NewEdge Advisors LLC now owns 46,119 shares of the investment management company’s stock valued at $289,000 after purchasing an additional 18,525 shares during the period.

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.