Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Sees Significant Drop in Short Interest

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 8,500 shares, a decline of 50.3% from the January 31st total of 17,100 shares. Based on an average trading volume of 41,900 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. One Capital Management LLC purchased a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter valued at about $61,000. Total Wealth Planning & Management Inc. acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter worth approximately $81,000. Quarry LP purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at approximately $742,000. Private Advisor Group LLC increased its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 5.9% in the third quarter. Private Advisor Group LLC now owns 143,000 shares of the company’s stock valued at $980,000 after purchasing an additional 8,000 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter worth approximately $986,000.

Voya Asia Pacific High Dividend Equity Income Fund Stock Down 0.6 %

NYSE IAE traded down $0.04 during mid-day trading on Friday, hitting $6.25. The stock had a trading volume of 71,255 shares, compared to its average volume of 39,550. The firm’s 50 day moving average is $6.18 and its 200 day moving average is $6.34. Voya Asia Pacific High Dividend Equity Income Fund has a twelve month low of $5.89 and a twelve month high of $6.99.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 12.48%. The ex-dividend date of this dividend is Monday, March 3rd.

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.