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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 2,593 shares, a decrease of 86.7% from the November 30th total of 19,445 shares. Based on an average daily volume of 30,828 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 30,828 shares, the short-interest ratio is presently 0.1 days.

Voya Asia Pacific High Dividend Equity Income Fund Stock Down 0.7%

Shares of IAE traded down $0.05 during trading hours on Wednesday, reaching $7.34. 21,774 shares of the stock traded hands, compared to its average volume of 44,411. The company’s 50-day moving average price is $7.43 and its two-hundred day moving average price is $7.25. Voya Asia Pacific High Dividend Equity Income Fund has a 52-week low of $5.30 and a 52-week high of $7.94.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th will be paid a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IAE. Bulldog Investors LLP lifted its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 424.0% in the 3rd quarter. Bulldog Investors LLP now owns 406,055 shares of the company’s stock worth $3,045,000 after purchasing an additional 328,562 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 19.0% during the second quarter. Raymond James Financial Inc. now owns 129,511 shares of the company’s stock valued at $912,000 after buying an additional 20,723 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the second quarter valued at approximately $83,000. Osaic Holdings Inc. lifted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 7.8% in the second quarter. Osaic Holdings Inc. now owns 147,659 shares of the company’s stock worth $1,040,000 after buying an additional 10,684 shares in the last quarter. Finally, Shaker Financial Services LLC boosted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.6% during the third quarter. Shaker Financial Services LLC now owns 181,933 shares of the company’s stock worth $1,364,000 after acquiring an additional 8,050 shares during the last quarter.

About Voya Asia Pacific High Dividend Equity Income Fund

The Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) is a closed-end management investment company whose primary objective is to provide current income and capital appreciation by investing in dividend-paying equity securities of companies in the Asia Pacific region. The fund seeks to build a diversified portfolio of high-yielding common stocks, real estate investment trusts (REITs) and depositary receipts, targeting issuers in markets such as Australia, Hong Kong, Japan, Singapore and South Korea.