Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Rises By 162.6%

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 32,300 shares, an increase of 162.6% from the January 15th total of 12,300 shares. Based on an average daily trading volume, of 87,800 shares, the days-to-cover ratio is currently 0.4 days.

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

A number of institutional investors have recently bought and sold shares of the business. Kovack Advisors Inc. increased its holdings in Voya Infrastructure, Industrials and Materials Fund by 14.7% in the 3rd quarter. Kovack Advisors Inc. now owns 12,205 shares of the company’s stock valued at $139,000 after acquiring an additional 1,561 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Voya Infrastructure, Industrials and Materials Fund by 38.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 46,096 shares of the company’s stock valued at $468,000 after purchasing an additional 12,774 shares in the last quarter. World Investment Advisors LLC purchased a new position in shares of Voya Infrastructure, Industrials and Materials Fund during the third quarter valued at about $698,000. Wolverine Asset Management LLC bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the fourth quarter worth about $1,144,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the fourth quarter worth about $2,321,000.

Voya Infrastructure, Industrials and Materials Fund Stock Down 0.3 %

Shares of NYSE IDE traded down $0.03 during trading on Wednesday, hitting $10.60. The company had a trading volume of 46,033 shares, compared to its average volume of 65,058. Voya Infrastructure, Industrials and Materials Fund has a 12 month low of $9.83 and a 12 month high of $11.77. The stock has a 50 day simple moving average of $10.41 and a 200 day simple moving average of $10.78.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 11.32%. The ex-dividend date is Monday, February 3rd.

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.