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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 36,600 shares, a growth of 45.8% from the March 15th total of 25,100 shares. Based on an average daily trading volume, of 45,100 shares, the short-interest ratio is currently 0.8 days.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

Shares of NYSE:IAE traded down $0.11 on Friday, reaching $6.01. The company’s stock had a trading volume of 24,286 shares, compared to its average volume of 42,745. Voya Asia Pacific High Dividend Equity Income Fund has a 52-week low of $5.31 and a 52-week high of $6.40. The company has a 50-day simple moving average of $6.13 and a 200 day simple moving average of $5.88.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Tuesday, April 2nd will be paid a $0.16 dividend. The ex-dividend date of this dividend is Monday, April 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 10.65%.

Hedge Funds Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. RPO LLC grew its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 31.0% in 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 in the last quarter. City of London Investment Management Co. Ltd. grew its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 8.3% in the 4th quarter. City of London Investment Management Co. Ltd. now owns 3,242,388 shares of the company’s stock worth $19,487,000 after buying an additional 248,948 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 3.0% during the 4th 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 during the period. Comerica Bank purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 3rd quarter worth about $156,000. Finally, Wolverine Asset Management LLC boosted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 252.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 13,229 shares of the company’s stock worth $77,000 after purchasing an additional 9,480 shares during the period.

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.