Short Interest in Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) Declines By 48.5%

Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) saw a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 33,653 shares, a decrease of 48.5% from the January 29th total of 65,354 shares. Based on an average trading volume of 64,759 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 64,759 shares, the days-to-cover ratio is currently 0.5 days.

Voya Infrastructure, Industrials and Materials Fund Stock Performance

NYSE:IDE opened at $14.27 on Friday. The firm’s fifty day simple moving average is $13.12 and its 200 day simple moving average is $12.46. Voya Infrastructure, Industrials and Materials Fund has a twelve month low of $8.75 and a twelve month high of $14.30.

Voya Infrastructure, Industrials and Materials Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 8.4%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Compound Planning Inc. bought a new position in Voya Infrastructure, Industrials and Materials Fund during the fourth quarter worth $300,000. Invesco Ltd. increased its stake in Voya Infrastructure, Industrials and Materials Fund by 14.2% during the fourth quarter. Invesco Ltd. now owns 335,488 shares of the company’s stock valued at $4,127,000 after purchasing an additional 41,598 shares during the last quarter. Kovack Advisors Inc. acquired a new stake in shares of Voya Infrastructure, Industrials and Materials Fund during the fourth quarter worth $189,000. &PARTNERS bought a new position in shares of Voya Infrastructure, Industrials and Materials Fund in the 4th quarter worth about $554,000. Finally, Royal Bank of Canada lifted its position in shares of Voya Infrastructure, Industrials and Materials Fund by 14.8% in the 4th quarter. Royal Bank of Canada now owns 297,829 shares of the company’s stock worth $3,663,000 after buying an additional 38,494 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.