Short Interest in Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Grows By 216.5%

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 26,900 shares, a growth of 216.5% from the February 13th total of 8,500 shares. Based on an average daily trading volume, of 40,200 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Absolute Investment Advisers LLC bought a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at $1,278,000. Wolverine Asset Management LLC acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter worth $1,154,000. Raymond James Financial Inc. acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter worth $986,000. Private Advisor Group LLC lifted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 11.2% during the fourth quarter. Private Advisor Group LLC now owns 159,000 shares of the company’s stock valued at $964,000 after purchasing an additional 16,000 shares during the last quarter. Finally, Quarry LP acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter valued at $742,000.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

NYSE:IAE traded up $0.07 during mid-day trading on Friday, reaching $6.17. 30,038 shares of the stock were exchanged, compared to its average volume of 35,819. The business has a fifty day moving average price of $6.18 and a 200 day moving average price of $6.32. Voya Asia Pacific High Dividend Equity Income Fund has a 1-year low of $5.90 and a 1-year high of $6.99.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a $0.065 dividend. The ex-dividend date is Monday, March 3rd. This represents a $0.78 dividend on an annualized basis and a dividend yield of 12.64%.

About Voya Asia Pacific High Dividend Equity Income Fund

Voya Asia Pacific High Dividend 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 NNIP Advisors B.V. It invests in the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors.