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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 26,900 shares, an increase 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 presently 0.7 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. One Capital Management LLC acquired a new position in Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter worth $61,000. Total Wealth Planning & Management Inc. purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at about $81,000. Private Advisor Group LLC grew its stake in Voya Asia Pacific High Dividend Equity Income Fund by 11.2% during the 4th 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 in the last quarter. Quarry LP purchased a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter worth approximately $742,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter valued at approximately $986,000.

Voya Asia Pacific High Dividend Equity Income Fund Trading Up 1.1 %

Shares of NYSE:IAE opened at $6.17 on Friday. The business’s 50-day simple moving average is $6.18 and its 200 day simple moving average is $6.32. Voya Asia Pacific High Dividend Equity Income Fund has a one year low of $5.90 and a one year high of $6.99.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.065 per share. 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.