Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Increases By 83.9%

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 18,117 shares, an increase of 83.9% from the August 15th total of 9,854 shares. Based on an average trading volume of 37,553 shares, the short-interest ratio is currently 0.5 days.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IDE. Fifth Third Bancorp purchased a new position in shares of Voya Infrastructure, Industrials and Materials Fund during the 1st quarter worth $50,000. Cetera Investment Advisers purchased a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the first quarter valued at about $128,000. Kestra Advisory Services LLC purchased a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the first quarter valued at about $264,000. C2C Wealth Management LLC grew its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 36.4% in the first quarter. C2C Wealth Management LLC now owns 26,232 shares of the company’s stock valued at $327,000 after purchasing an additional 7,000 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in Voya Infrastructure, Industrials and Materials Fund by 5.2% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 37,599 shares of the company’s stock worth $520,000 after purchasing an additional 1,845 shares during the last quarter.

Voya Infrastructure, Industrials and Materials Fund Trading Up 0.8%

IDE traded up $0.10 during trading on Wednesday, reaching $12.46. The company’s stock had a trading volume of 12,460 shares, compared to its average volume of 49,051. The firm has a fifty day simple moving average of $13.19 and a two-hundred day simple moving average of $13.35. Voya Infrastructure, Industrials and Materials Fund has a 1 year low of $11.36 and a 1 year high of $14.30.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given a dividend of $0.10 per share. The ex-dividend date is Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 9.6%.

Voya Infrastructure, Industrials and Materials Fund Company Profile

Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a closed-end management investment company that seeks total return through a combination of current income and capital appreciation. The fund primarily invests in equity securities of companies engaged in infrastructure, industrials and materials businesses, such as utilities, transportation, engineering and construction materials. By targeting firms with established cash flows and growth potential, the fund aims to deliver a blend of yield and long-term capital gains for shareholders.

The fund’s investment strategy combines bottom-up security selection with broad sector diversification.