Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Stock Short Interest Declines 36.7%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 20,913 shares, a decrease of 36.7% from the September 15th total of 33,016 shares. Based on an average trading volume of 47,368 shares, the days-to-cover ratio is currently 0.4 days.

Voya Emerging Markets High Dividend Equity Fund Trading Up 0.1%

IHD stock opened at $7.42 on Friday. The business’s fifty day simple moving average is $7.58 and its two-hundred day simple moving average is $7.44. Voya Emerging Markets High Dividend Equity Fund has a twelve month low of $5.93 and a twelve month high of $8.14.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, October 1st were issued a $0.0550 dividend. The ex-dividend date was Thursday, October 1st. This represents a $0.66 dividend on an annualized basis and a dividend yield of 8.9%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IHD. Shaker Financial Services LLC lifted its holdings in Voya Emerging Markets High Dividend Equity Fund by 12.8% during the 3rd quarter. Shaker Financial Services LLC now owns 29,479 shares of the investment management company’s stock valued at $223,000 after buying an additional 3,350 shares in the last quarter. Cetera Investment Advisers grew its stake in Voya Emerging Markets High Dividend Equity Fund by 36.1% in the 1st quarter. Cetera Investment Advisers now owns 16,530 shares of the investment management company’s stock worth $110,000 after acquiring an additional 4,383 shares in the last quarter. Comprehensive Money Management Services LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter worth approximately $111,000. Fifth Third Bancorp purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the first quarter worth approximately $310,000. Finally, Kingsview Wealth Management LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter worth approximately $418,000.

Voya Emerging Markets High Dividend Equity Fund Company Profile

Voya Emerging Markets High Dividend Equity Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol IHD. The fund seeks to provide current income and long-term capital appreciation by investing primarily in dividend-paying equity securities issued by companies in emerging-market countries.

The fund’s portfolio may include common stocks and other equity investments across a range of industries and emerging-market geographies. Its investment approach emphasizes companies that offer relatively attractive dividend yields, while also considering business fundamentals, valuation and the potential for capital growth.