Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Sees Significant Increase in Short Interest

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 48,000 shares, an increase of 169.7% from the March 15th total of 17,800 shares. Based on an average daily volume of 58,100 shares, the short-interest ratio is presently 0.8 days.

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

A number of large investors have recently added to or reduced their stakes in the business. Walleye Capital LLC purchased a new stake in Voya Infrastructure, Industrials and Materials Fund in the 4th quarter valued at approximately $102,000. Garden State Investment Advisory Services LLC acquired a new position in shares of Voya Infrastructure, Industrials and Materials Fund in the fourth quarter worth $107,000. Shaker Financial Services LLC acquired a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the fourth quarter valued at $445,000. Oppenheimer & Co. Inc. increased its position in Voya Infrastructure, Industrials and Materials Fund by 38.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 46,096 shares of the company’s stock worth $468,000 after purchasing an additional 12,774 shares in the last quarter. Finally, World Investment Advisors LLC acquired a new position in Voya Infrastructure, Industrials and Materials Fund in the 3rd quarter valued at about $698,000.

Voya Infrastructure, Industrials and Materials Fund Price Performance

Voya Infrastructure, Industrials and Materials Fund stock traded down $0.03 during midday trading on Wednesday, reaching $10.04. The company’s stock had a trading volume of 33,312 shares, compared to its average volume of 63,117. Voya Infrastructure, Industrials and Materials Fund has a fifty-two week low of $8.75 and a fifty-two week high of $11.77. The stock’s 50 day simple moving average is $10.33 and its 200 day simple moving average is $10.68.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be given a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.95%. The ex-dividend date is Thursday, May 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.