Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Decreases By 19.8%

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 17,800 shares, a decrease of 19.8% from the February 28th total of 22,200 shares. Based on an average daily volume of 54,800 shares, the days-to-cover ratio is presently 0.3 days.

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

Several large investors have recently added to or reduced their stakes in IDE. Invesco Ltd. increased its position in shares of Voya Infrastructure, Industrials and Materials Fund by 5.0% during the fourth quarter. Invesco Ltd. now owns 314,239 shares of the company’s stock valued at $3,190,000 after purchasing an additional 15,000 shares during the period. Raymond James Financial Inc. acquired a new stake in Voya Infrastructure, Industrials and Materials Fund during the fourth quarter worth $2,321,000. Guggenheim Capital LLC boosted its stake in Voya Infrastructure, Industrials and Materials Fund by 66.8% during the fourth quarter. Guggenheim Capital LLC now owns 167,148 shares of the company’s stock worth $1,697,000 after buying an additional 66,936 shares in the last quarter. Wolverine Asset Management LLC bought a new stake in Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at $1,144,000. Finally, Wells Fargo & Company MN raised its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 2.1% in the 4th quarter. Wells Fargo & Company MN now owns 96,976 shares of the company’s stock valued at $984,000 after buying an additional 1,964 shares in the last quarter.

Voya Infrastructure, Industrials and Materials Fund Stock Performance

NYSE IDE traded down $0.06 during midday trading on Tuesday, hitting $10.52. The company had a trading volume of 65,568 shares, compared to its average volume of 61,248. The firm has a fifty day simple moving average of $10.52 and a two-hundred day simple moving average of $10.79. Voya Infrastructure, Industrials and Materials Fund has a fifty-two week low of $9.84 and a fifty-two week high of $11.77.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $1.20 annualized dividend and a yield of 11.41%.

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.