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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 10,800 shares, a decrease of 59.9% from the February 28th total of 26,900 shares. Based on an average trading volume of 40,000 shares, the days-to-cover ratio is currently 0.3 days.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

Shares of Voya Asia Pacific High Dividend Equity Income Fund stock traded down $0.09 during trading hours on Friday, reaching $6.16. The stock had a trading volume of 27,750 shares, compared to its average volume of 36,612. Voya Asia Pacific High Dividend Equity Income Fund has a 1 year low of $5.90 and a 1 year high of $6.99. The firm has a 50 day simple moving average of $6.21 and a two-hundred day simple moving average of $6.30.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a $0.065 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $0.78 annualized dividend and a yield of 12.66%.

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

Several institutional investors have recently bought and sold shares of the business. Absolute Investment Advisers LLC acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter valued at $1,278,000. Private Advisor Group LLC increased its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 11.2% in the 4th quarter. Private Advisor Group LLC now owns 159,000 shares of the company’s stock valued at $964,000 after purchasing an additional 16,000 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at about $1,154,000. Raymond James Financial Inc. acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter worth about $986,000. Finally, One Capital Management LLC purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter worth about $61,000.

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.