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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 17,100 shares, a decline of 6.6% from the January 15th total of 18,300 shares. Based on an average daily trading volume, of 43,200 shares, the short-interest ratio is presently 0.4 days.

Voya Asia Pacific High Dividend Equity Income Fund Trading Up 0.3 %

IAE opened at $6.29 on Wednesday. The stock has a 50-day moving average price of $6.15 and a 200-day moving average price of $6.33. Voya Asia Pacific High Dividend Equity Income Fund has a 12-month low of $5.89 and a 12-month high of $6.99.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were given a dividend of $0.065 per share. This represents a $0.78 annualized dividend and a dividend yield of 12.40%. The ex-dividend date of this dividend was Monday, February 3rd.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Absolute Investment Advisers LLC purchased a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter valued at $1,278,000. Wolverine Asset Management LLC purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter worth $1,154,000. Raymond James Financial Inc. purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter valued at approximately $986,000. Quarry LP bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter valued at approximately $742,000. Finally, Private Advisor Group LLC increased its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 11.2% in the fourth quarter. Private Advisor Group LLC now owns 159,000 shares of the company’s stock worth $964,000 after purchasing an additional 16,000 shares during the last quarter.

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.