Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Grows By 95.2%

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 20,300 shares, an increase of 95.2% from the September 30th total of 10,400 shares. Based on an average daily volume of 55,400 shares, the days-to-cover ratio is presently 0.4 days.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC raised its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 1,084.2% during the third quarter. International Assets Investment Management LLC now owns 265,256 shares of the company’s stock valued at $3,013,000 after purchasing an additional 242,856 shares during the period. Karpus Management Inc. raised its holdings in Voya Infrastructure, Industrials and Materials Fund by 76.1% in the first quarter. Karpus Management Inc. now owns 216,300 shares of the company’s stock valued at $2,275,000 after acquiring an additional 93,450 shares in the last quarter. Oppenheimer & Co. Inc. boosted its stake 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 valued at $353,000 after acquiring an additional 10,932 shares during the last quarter. Quarry LP bought a new stake in shares of Voya Infrastructure, Industrials and Materials Fund in the 2nd quarter worth about $312,000. Finally, B. Riley Wealth Advisors Inc. raised its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 10.5% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 22,229 shares of the company’s stock valued at $234,000 after purchasing an additional 2,110 shares in the last quarter.

Voya Infrastructure, Industrials and Materials Fund Trading Up 0.5 %

IDE stock traded up $0.05 during midday trading on Monday, reaching $11.67. 47,074 shares of the company’s stock traded hands, compared to its average volume of 48,040. The business has a 50-day moving average price of $10.99 and a two-hundred day moving average price of $10.54. Voya Infrastructure, Industrials and Materials Fund has a fifty-two week low of $8.69 and a fifty-two week high of $11.77.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Friday, November 1st will be given a $0.10 dividend. This represents a $1.20 annualized dividend and a yield of 10.29%. The ex-dividend date of this dividend is Friday, November 1st.

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.