Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Down 10.1% in October

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 16,100 shares, a decline of 10.1% from the September 30th total of 17,900 shares. Based on an average daily volume of 34,200 shares, the days-to-cover ratio is presently 0.5 days.

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

A number of institutional investors and hedge funds have recently made changes to their positions in IAE. Private Advisor Group LLC raised its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 5.9% during the 3rd quarter. Private Advisor Group LLC now owns 143,000 shares of the company’s stock valued at $980,000 after buying an additional 8,000 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the second quarter worth approximately $78,000. Raymond James & Associates raised its position in Voya Asia Pacific High Dividend Equity Income Fund by 509.8% during the second quarter. Raymond James & Associates now owns 231,269 shares of the company’s stock valued at $1,466,000 after purchasing an additional 193,343 shares during the period. Finally, City of London Investment Management Co. Ltd. boosted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 13.6% in the 1st quarter. City of London Investment Management Co. Ltd. now owns 3,683,059 shares of the company’s stock worth $23,314,000 after purchasing an additional 440,671 shares during the period.

Voya Asia Pacific High Dividend Equity Income Fund Stock Down 0.9 %

Shares of IAE traded down $0.06 during mid-day trading on Thursday, hitting $6.42. 64,384 shares of the stock were exchanged, compared to its average volume of 36,139. Voya Asia Pacific High Dividend Equity Income Fund has a 52-week low of $5.33 and a 52-week high of $6.99. The firm has a 50-day moving average of $6.55 and a two-hundred day moving average of $6.36.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 1st will be paid a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a yield of 12.15%. The ex-dividend date is Friday, November 1st.

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.