Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) Sees Significant Growth in Short Interest

Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 54,400 shares, a growth of 106.1% from the December 31st total of 26,400 shares. Based on an average daily volume of 86,600 shares, the days-to-cover ratio is currently 0.6 days.

Voya Emerging Markets High Dividend Equity Fund Stock Performance

Shares of NYSE IHD traded up $0.01 during mid-day trading on Wednesday, reaching $5.15. 83,365 shares of the company were exchanged, compared to its average volume of 79,910. The company’s 50-day simple moving average is $5.12 and its 200-day simple moving average is $5.30. Voya Emerging Markets High Dividend Equity Fund has a twelve month low of $4.95 and a twelve month high of $5.82.

Voya Emerging Markets High Dividend Equity Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be given a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a yield of 12.82%. The ex-dividend date is Monday, February 3rd.

Hedge Funds Weigh In On Voya Emerging Markets High Dividend Equity Fund

A hedge fund recently bought a new stake in Voya Emerging Markets High Dividend Equity Fund stock. Absolute Investment Advisers LLC bought a new position in shares of Voya Emerging Markets High Dividend Equity Fund (NYSE:IHD) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 255,900 shares of the investment management company’s stock, valued at approximately $1,282,000.

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.