Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Short Interest Update

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the target of a large increase in short interest in September. As of September 15th, there was short interest totalling 15,800 shares, an increase of 12.9% from the August 31st total of 14,000 shares. Based on an average daily volume of 49,200 shares, the days-to-cover ratio is presently 0.3 days.

Voya Infrastructure, Industrials and Materials Fund Price Performance

NYSE IDE traded up $0.11 during trading hours on Friday, reaching $11.30. 55,959 shares of the company’s stock were exchanged, compared to its average volume of 46,738. The company’s 50-day moving average is $10.61 and its two-hundred day moving average is $10.41. Voya Infrastructure, Industrials and Materials Fund has a one year low of $8.61 and a one year high of $11.30.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 1st will be issued a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 10.62%. The ex-dividend date of this dividend is Tuesday, October 1st.

Institutional Investors Weigh In On Voya Infrastructure, Industrials and Materials Fund

Several hedge funds have recently added to or reduced their stakes in IDE. Karpus Management Inc. lifted its holdings in Voya Infrastructure, Industrials and Materials Fund by 76.1% during the 1st quarter. Karpus Management Inc. now owns 216,300 shares of the company’s stock valued at $2,275,000 after purchasing an additional 93,450 shares during the last quarter. Quarry LP bought a new position in Voya Infrastructure, Industrials and Materials Fund during the 2nd quarter worth $312,000. SageView Advisory Group LLC bought a new position in Voya Infrastructure, Industrials and Materials Fund during the 1st quarter worth $220,000. Hartline Investment Corp bought a new position in Voya Infrastructure, Industrials and Materials Fund during the 1st quarter worth $197,000. Finally, Oppenheimer & Co. Inc. increased its position in Voya Infrastructure, Industrials and Materials Fund by 48.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 33,532 shares of the company’s stock worth $353,000 after buying an additional 10,932 shares during the period.

Voya Infrastructure, Industrials and Materials Fund Company Profile

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.