Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Short Interest Down 81.0% in July

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 6,130 shares, a decline of 81.0% from the June 30th total of 32,322 shares. Based on an average daily volume of 68,078 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in IHD. Parkside Financial Bank & Trust purchased a new position in Voya Emerging Markets High Dividend Equity Fund during the fourth quarter worth about $38,000. Advisory Services Network LLC purchased a new position in Voya Emerging Markets High Dividend Equity Fund in the 3rd quarter worth approximately $54,000. Cetera Investment Advisers grew its stake in Voya Emerging Markets High Dividend Equity Fund by 17.6% during the 4th quarter. Cetera Investment Advisers now owns 12,147 shares of the investment management company’s stock valued at $76,000 after purchasing an additional 1,818 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the second quarter worth about $144,000. Finally, NewEdge Advisors LLC grew its stake in Voya Emerging Markets High Dividend Equity Fund by 67.1% in the third quarter. NewEdge Advisors LLC now owns 46,119 shares of the investment management company’s stock worth $289,000 after purchasing an additional 18,525 shares in the last quarter.

Voya Emerging Markets High Dividend Equity Fund Price Performance

NYSE IHD traded down $0.13 during trading hours on Monday, reaching $7.20. The company’s stock had a trading volume of 55,503 shares, compared to its average volume of 110,398. The company’s 50-day moving average is $7.57 and its two-hundred day moving average is $7.12. Voya Emerging Markets High Dividend Equity Fund has a fifty-two week low of $5.75 and a fifty-two week high of $8.14.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be given a dividend of $0.055 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) annualized dividend and a yield of 9.2%.

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.