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

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

Hedge Funds Weigh In On Voya Infrastructure, Industrials and Materials Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. Karpus Management Inc. boosted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 309.5% in the 4th quarter. Karpus Management Inc. now owns 122,850 shares of the company’s stock valued at $1,251,000 after purchasing an additional 92,847 shares in the last quarter. Kovack Advisors Inc. bought a new position in Voya Infrastructure, Industrials and Materials Fund in the 1st quarter valued at approximately $110,000. Hartline Investment Corp acquired a new stake in Voya Infrastructure, Industrials and Materials Fund in the first quarter valued at approximately $197,000. Oppenheimer & Co. Inc. grew its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 48.4% during the first 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 last quarter. Finally, SageView Advisory Group LLC bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the first quarter worth $220,000.

Voya Infrastructure, Industrials and Materials Fund Stock Performance

Shares of Voya Infrastructure, Industrials and Materials Fund stock traded up $0.11 on Friday, reaching $11.30. 55,959 shares of the stock were exchanged, compared to its average volume of 46,738. The firm’s 50 day moving average is $10.61 and its 200-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 Dividend Announcement

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

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.