Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Declines By 56.8%

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 12,499 shares, a drop of 56.8% from the December 31st total of 28,911 shares. Based on an average trading volume of 59,323 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 59,323 shares, the days-to-cover ratio is presently 0.2 days.

Voya Infrastructure, Industrials and Materials Fund Price Performance

Shares of IDE stock traded up $0.15 on Thursday, hitting $13.51. The stock had a trading volume of 65,212 shares, compared to its average volume of 71,974. Voya Infrastructure, Industrials and Materials Fund has a twelve month low of $8.75 and a twelve month high of $13.52. The company has a fifty day moving average price of $12.34 and a two-hundred day moving average price of $12.18.

Voya Infrastructure, Industrials and Materials Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be paid a $0.10 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 8.9%.

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

A number of institutional investors and hedge funds have recently modified their holdings of IDE. Bank of America Corp DE lifted its position in Voya Infrastructure, Industrials and Materials Fund by 24.4% during the third quarter. Bank of America Corp DE now owns 20,660 shares of the company’s stock worth $251,000 after purchasing an additional 4,050 shares during the period. UBS Group AG boosted its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 4.8% during the third quarter. UBS Group AG now owns 77,360 shares of the company’s stock valued at $938,000 after purchasing an additional 3,540 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Voya Infrastructure, Industrials and Materials Fund by 3.5% during the second quarter. Osaic Holdings Inc. now owns 50,660 shares of the company’s stock worth $592,000 after purchasing an additional 1,719 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Voya Infrastructure, Industrials and Materials Fund by 4.3% in the second quarter. Raymond James Financial Inc. now owns 277,986 shares of the company’s stock valued at $3,250,000 after buying an additional 11,501 shares during the period. Finally, Invesco Ltd. raised its holdings in Voya Infrastructure, Industrials and Materials Fund by 0.7% in the 2nd quarter. Invesco Ltd. now owns 314,139 shares of the company’s stock valued at $3,672,000 after buying an additional 2,141 shares during the last quarter.

About Voya Infrastructure, Industrials and Materials Fund

Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE) is a closed-end management investment company that seeks total return through a combination of current income and capital appreciation. The fund primarily invests in equity securities of companies engaged in infrastructure, industrials and materials businesses, such as utilities, transportation, engineering and construction materials. By targeting firms with established cash flows and growth potential, the fund aims to deliver a blend of yield and long-term capital gains for shareholders.

The fund’s investment strategy combines bottom-up security selection with broad sector diversification.