Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Update

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 10,800 shares, a decline of 59.9% from the February 28th total of 26,900 shares. Based on an average daily trading volume, of 40,000 shares, the short-interest ratio is presently 0.3 days.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

Shares of NYSE:IAE traded down $0.09 during trading on Friday, reaching $6.16. The company had a trading volume of 27,750 shares, compared to its average volume of 36,612. Voya Asia Pacific High Dividend Equity Income Fund has a 12 month low of $5.90 and a 12 month high of $6.99. The company has a fifty day moving average of $6.21 and a two-hundred day moving average of $6.30.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $0.78 dividend on an annualized basis and a yield of 12.66%.

Institutional Investors Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

Several hedge funds have recently added to or reduced their stakes in the company. Absolute Investment Advisers LLC purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter valued at about $1,278,000. Private Advisor Group LLC grew its position in 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 acquiring an additional 16,000 shares during the last quarter. Wolverine Asset Management LLC purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter worth approximately $1,154,000. Raymond James Financial Inc. bought a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter worth approximately $986,000. Finally, One Capital Management LLC purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter valued at $61,000.

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.