Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Down 47.5% in May

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 7,633 shares, a drop of 47.5% from the May 14th total of 14,528 shares. Based on an average daily trading volume, of 44,332 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its position in Voya Asia Pacific High Dividend Equity Income Fund by 1.6% during the first quarter. Private Advisor Group LLC now owns 117,375 shares of the company’s stock valued at $865,000 after buying an additional 1,875 shares during the period. Advisory Services Network LLC acquired a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the third quarter valued at $30,000. Osaic Holdings Inc. grew its position in Voya Asia Pacific High Dividend Equity Income Fund by 2.9% during the fourth quarter. Osaic Holdings Inc. now owns 150,141 shares of the company’s stock valued at $1,093,000 after buying an additional 4,300 shares during the period. Cetera Investment Advisers grew its position in Voya Asia Pacific High Dividend Equity Income Fund by 36.2% during the first quarter. Cetera Investment Advisers now owns 18,814 shares of the company’s stock valued at $139,000 after buying an additional 5,000 shares during the period. Finally, NWF Advisory Services Inc. grew its position in Voya Asia Pacific High Dividend Equity Income Fund by 5.6% during the fourth quarter. NWF Advisory Services Inc. now owns 113,250 shares of the company’s stock valued at $824,000 after buying an additional 6,000 shares during the period.

Voya Asia Pacific High Dividend Equity Income Fund Stock Up 1.1%

IAE stock traded up $0.10 during midday trading on Friday, hitting $8.93. 44,423 shares of the stock traded hands, compared to its average volume of 61,783. The stock’s fifty day simple moving average is $8.23 and its 200-day simple moving average is $7.84. Voya Asia Pacific High Dividend Equity Income Fund has a 1-year low of $6.65 and a 1-year high of $9.20.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.065 per share. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date is Monday, June 1st.

About Voya Asia Pacific High Dividend Equity Income Fund

The Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) is a closed-end management investment company whose primary objective is to provide current income and capital appreciation by investing in dividend-paying equity securities of companies in the Asia Pacific region. The fund seeks to build a diversified portfolio of high-yielding common stocks, real estate investment trusts (REITs) and depositary receipts, targeting issuers in markets such as Australia, Hong Kong, Japan, Singapore and South Korea.