Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Increases By 351.2%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 18,500 shares, a growth of 351.2% from the March 31st total of 4,100 shares. Based on an average daily trading volume, of 35,700 shares, the days-to-cover ratio is presently 0.5 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC increased its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 285.9% in the first quarter. Blue Bell Private Wealth Management LLC now owns 9,432 shares of the investment management company’s stock valued at $50,000 after purchasing an additional 6,988 shares during the period. Wolverine Asset Management LLC increased its holdings in shares of Voya Emerging Markets High Dividend Equity Fund by 301.8% in the third quarter. Wolverine Asset Management LLC now owns 29,335 shares of the investment management company’s stock valued at $145,000 after purchasing an additional 22,034 shares during the period. Raymond James & Associates grew its holdings in Voya Emerging Markets High Dividend Equity Fund by 5.9% during the third quarter. Raymond James & Associates now owns 54,666 shares of the investment management company’s stock worth $270,000 after acquiring an additional 3,028 shares during the period. Avory & Company LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund during the fourth quarter worth $502,000. Finally, Saba Capital Management L.P. grew its holdings in Voya Emerging Markets High Dividend Equity Fund by 27.0% during the third quarter. Saba Capital Management L.P. now owns 371,550 shares of the investment management company’s stock worth $1,832,000 after acquiring an additional 79,065 shares during the period.

Voya Emerging Markets High Dividend Equity Fund Price Performance

IHD stock traded up $0.05 during trading on Friday, hitting $5.18. 14,545 shares of the company’s stock were exchanged, compared to its average volume of 34,312. The business has a 50-day moving average price of $5.20 and a two-hundred day moving average price of $5.05. Voya Emerging Markets High Dividend Equity Fund has a 52-week low of $4.49 and a 52-week high of $5.47.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, May 2nd will be paid a $0.055 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 12.74%. The ex-dividend date of this dividend is Wednesday, May 1st.

About Voya Emerging Markets High Dividend Equity Fund

Voya Emerging Markets High Dividend Equity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by ING Investment Management Advisors B.V. and Voya Investments, LLC. It invests in public equity markets of emerging market countries across the globe.