Short Interest in Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Expands By 65.2%

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a significant growth in short interest in July. As of July 31st, there was short interest totalling 48,400 shares, a growth of 65.2% from the July 15th total of 29,300 shares. Based on an average daily trading volume, of 30,100 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IAE. Eagle Rock Investment Company LLC bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the first quarter worth approximately $97,000. RPO LLC grew its stake in Voya Asia Pacific High Dividend Equity Income Fund by 31.0% in the fourth quarter. RPO LLC now owns 61,839 shares of the company’s stock worth $372,000 after purchasing an additional 14,643 shares in the last quarter. Private Advisor Group LLC grew its stake in Voya Asia Pacific High Dividend Equity Income Fund by 3.0% in the fourth quarter. Private Advisor Group LLC now owns 122,000 shares of the company’s stock worth $733,000 after purchasing an additional 3,500 shares in the last quarter. Raymond James & Associates increased its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 509.8% during the 2nd quarter. Raymond James & Associates now owns 231,269 shares of the company’s stock worth $1,466,000 after purchasing an additional 193,343 shares during the period. Finally, City of London Investment Management Co. Ltd. raised its position in Voya Asia Pacific High Dividend Equity Income Fund by 8.3% during the 4th quarter. City of London Investment Management Co. Ltd. now owns 3,242,388 shares of the company’s stock valued at $19,487,000 after purchasing an additional 248,948 shares in the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

Voya Asia Pacific High Dividend Equity Income Fund stock remained flat at $6.30 during midday trading on Wednesday. The company had a trading volume of 15,251 shares, compared to its average volume of 35,209. The business’s 50 day moving average price is $6.30 and its two-hundred day moving average price is $6.19. Voya Asia Pacific High Dividend Equity Income Fund has a 52 week low of $5.31 and a 52 week high of $6.49.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Thursday, August 1st will be given a dividend of $0.065 per share. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $0.78 dividend on an annualized basis and a dividend yield of 12.38%.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile

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.