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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 14,800 shares, a growth of 70.1% from the December 15th total of 8,700 shares. Based on an average trading volume of 43,200 shares, the days-to-cover ratio is currently 0.3 days.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

Shares of IAE stock opened at $6.09 on Friday. The stock’s 50 day simple moving average is $6.17 and its two-hundred day simple moving average is $6.36. Voya Asia Pacific High Dividend Equity Income Fund has a 1 year low of $5.58 and a 1 year high of $6.99.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Monday, February 3rd will be given a $0.065 dividend. The ex-dividend date is Monday, February 3rd. This represents a $0.78 dividend on an annualized basis and a yield of 12.82%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Voya Asia Pacific High Dividend Equity Income Fund stock. Sanctuary Advisors LLC bought a new position in Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 12,801 shares of the company’s stock, valued at approximately $78,000.

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.