Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Expands By 341.2%

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 45,000 shares, an increase of 341.2% from the March 31st total of 10,200 shares. Based on an average daily volume of 36,600 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. raised its holdings in Voya Infrastructure, Industrials and Materials Fund by 1.6% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 156,445 shares of the company’s stock valued at $1,646,000 after acquiring an additional 2,532 shares during the period. PFG Investments LLC acquired a new position in shares of Voya Infrastructure, Industrials and Materials Fund during the 1st quarter worth approximately $1,078,000. International Assets Investment Management LLC grew its position in shares of Voya Infrastructure, Industrials and Materials Fund by 1,213.5% during the 4th quarter. International Assets Investment Management LLC now owns 223,960 shares of the company’s stock worth $22,000,000 after purchasing an additional 206,910 shares in the last quarter. Blue Bell Private Wealth Management LLC acquired a new position in shares of Voya Infrastructure, Industrials and Materials Fund during the 4th quarter worth approximately $52,000. Finally, AQR Arbitrage LLC grew its position in shares of Voya Infrastructure, Industrials and Materials Fund by 23.9% during the 3rd quarter. AQR Arbitrage LLC now owns 91,945 shares of the company’s stock worth $867,000 after purchasing an additional 17,757 shares in the last quarter.

Voya Infrastructure, Industrials and Materials Fund Price Performance

NYSE IDE traded up $0.03 on Friday, reaching $10.18. The company had a trading volume of 34,957 shares, compared to its average volume of 36,762. Voya Infrastructure, Industrials and Materials Fund has a 1-year low of $8.61 and a 1-year high of $10.59. The company’s fifty day moving average is $10.26 and its 200-day moving average is $9.89.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Thursday, May 2nd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $1.20 annualized dividend and a yield of 11.79%.

About Voya Infrastructure, Industrials and Materials Fund

Voya Infrastructure, Industrials and Materials Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the infrastructure, industrials, and materials sectors.