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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 25,100 shares, a growth of 51.2% from the February 29th total of 16,600 shares. Based on an average daily volume of 44,100 shares, the days-to-cover ratio is presently 0.6 days.

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

Several institutional investors and hedge funds have recently bought and sold shares of IAE. LPL Financial LLC boosted its stake in Voya Asia Pacific High Dividend Equity Income Fund by 10.3% during the second quarter. LPL Financial LLC now owns 41,822 shares of the company’s stock valued at $291,000 after buying an additional 3,900 shares in the last quarter. Comerica Bank bought a new position in Voya Asia Pacific High Dividend Equity Income Fund during the third quarter valued at approximately $156,000. Susquehanna International Group LLP bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter worth $67,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at approximately $31,000. Finally, RPO LLC boosted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 31.0% during the 4th quarter. RPO LLC now owns 61,839 shares of the company’s stock worth $372,000 after buying an additional 14,643 shares during the period.

Voya Asia Pacific High Dividend Equity Income Fund Trading Up 0.5 %

NYSE IAE traded up $0.03 during trading hours on Friday, reaching $6.33. 38,076 shares of the company traded hands, compared to its average volume of 46,301. Voya Asia Pacific High Dividend Equity Income Fund has a 12 month low of $5.31 and a 12 month high of $6.45. The company has a 50 day moving average of $6.06 and a two-hundred day moving average of $5.86.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Stockholders of record on Tuesday, April 2nd will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 10.11%. The ex-dividend date of this dividend is Monday, April 1st.

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.