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 target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 17,100 shares, a drop of 6.6% from the January 15th total of 18,300 shares. Based on an average daily trading volume, of 43,200 shares, the days-to-cover ratio is currently 0.4 days.

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

Voya Asia Pacific High Dividend Equity Income Fund stock traded up $0.04 during midday trading on Monday, reaching $6.26. The stock had a trading volume of 33,876 shares, compared to its average volume of 34,759. The firm’s fifty day simple moving average is $6.15 and its 200-day simple moving average is $6.33. Voya Asia Pacific High Dividend Equity Income Fund has a 1-year low of $5.89 and a 1-year high of $6.99.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be given a $0.065 dividend. This represents a $0.78 dividend on an annualized basis and a dividend yield of 12.46%. The ex-dividend date is Monday, February 3rd.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the 2nd quarter valued at $78,000. Private Advisor Group LLC grew its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 5.9% in the 3rd quarter. Private Advisor Group LLC now owns 143,000 shares of the company’s stock valued at $980,000 after acquiring an additional 8,000 shares in the last quarter. Absolute Investment Advisers LLC acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at about $1,278,000. Wolverine Asset Management LLC bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter worth about $1,154,000. Finally, Raymond James Financial Inc. bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter worth about $986,000.

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.