Voya Natural Resources Equity Income Fund (NYSE:IRR) Sees Significant Increase in Short Interest

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Voya Natural Resources Equity Income Fund (NYSE:IRR) was the recipient of a large increase in short interest in January. As of January 29th, there was short interest totalling 17,300 shares, an increase of 150.7% from the January 14th total of 6,900 shares. Based on an average daily volume of 147,500 shares, the days-to-cover ratio is currently 0.1 days.

A number of institutional investors have recently modified their holdings of the business. Lincoln National Corp boosted its position in shares of Voya Natural Resources Equity Income Fund by 61.1% during the 4th quarter. Lincoln National Corp now owns 16,583 shares of the company’s stock valued at $42,000 after purchasing an additional 6,288 shares in the last quarter. Landscape Capital Management L.L.C. lifted its stake in Voya Natural Resources Equity Income Fund by 281.9% during the fourth quarter. Landscape Capital Management L.L.C. now owns 104,681 shares of the company’s stock valued at $268,000 after purchasing an additional 77,271 shares during the last quarter. LPL Financial LLC lifted its stake in Voya Natural Resources Equity Income Fund by 29.2% during the third quarter. LPL Financial LLC now owns 113,118 shares of the company’s stock valued at $276,000 after purchasing an additional 25,599 shares during the last quarter. Marquette Asset Management LLC bought a new stake in Voya Natural Resources Equity Income Fund during the fourth quarter worth approximately $278,000. Finally, Advisors Asset Management Inc. acquired a new position in Voya Natural Resources Equity Income Fund in the third quarter worth approximately $301,000.

Shares of IRR traded up $0.03 during midday trading on Friday, reaching $2.87. The stock had a trading volume of 67,095 shares, compared to its average volume of 112,379. The firm’s 50 day moving average price is $2.76 and its 200-day moving average price is $2.57. Voya Natural Resources Equity Income Fund has a 52 week low of $1.35 and a 52 week high of $3.93.

The company also recently announced a quarterly dividend, which was paid on Friday, January 15th. Investors of record on Thursday, December 31st were issued a dividend of $0.077 per share. This represents a $0.31 dividend on an annualized basis and a yield of 10.73%. The ex-dividend date was Wednesday, December 30th.

About Voya Natural Resources Equity Income Fund

Voya Natural Resources Equity Income 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 the public equity markets of North America. The fund seeks to invest in stocks of companies operating in the energy, natural resources, and basic materials industries.

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