Short Interest in Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Rises By 144.5%

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 130,300 shares, an increase of 144.5% from the February 13th total of 53,300 shares. Based on an average trading volume of 85,700 shares, the days-to-cover ratio is presently 1.5 days.

Voya Emerging Markets High Dividend Equity Fund Price Performance

Shares of Voya Emerging Markets High Dividend Equity Fund stock remained flat at $5.32 during trading hours on Thursday. The stock had a trading volume of 29,678 shares, compared to its average volume of 87,004. Voya Emerging Markets High Dividend Equity Fund has a twelve month low of $4.95 and a twelve month high of $5.82. The company’s fifty day simple moving average is $5.22 and its two-hundred day simple moving average is $5.29.

Voya Emerging Markets High Dividend Equity Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a $0.055 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.66 dividend on an annualized basis and a yield of 12.41%.

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

A number of institutional investors have recently made changes to their positions in the stock. Comprehensive Money Management Services LLC purchased a new position in shares of Voya Emerging Markets High Dividend Equity Fund during the 4th quarter worth approximately $122,000. Total Wealth Planning & Management Inc. acquired a new stake in shares of Voya Emerging Markets High Dividend Equity Fund in the fourth quarter valued at $81,000. Saba Capital Management L.P. lifted its stake in Voya Emerging Markets High Dividend Equity Fund by 14.6% during the 4th quarter. Saba Capital Management L.P. now owns 915,730 shares of the investment management company’s stock worth $4,588,000 after acquiring an additional 116,361 shares in the last quarter. Logan Stone Capital LLC purchased a new position in Voya Emerging Markets High Dividend Equity Fund during the 4th quarter valued at about $93,000. Finally, Cary Street Partners Financial LLC acquired a new position in Voya Emerging Markets High Dividend Equity Fund in the 4th quarter valued at about $55,000.

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.