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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE – Get Rating) was the recipient of a large increase in short interest in December. As of December 30th, there was short interest totalling 15,700 shares, an increase of 60.2% from the December 15th total of 9,800 shares. Based on an average daily trading volume, of 44,000 shares, the days-to-cover ratio is currently 0.4 days.

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

IAE stock opened at $6.73 on Friday. Voya Asia Pacific High Dividend Equity Income Fund has a 1 year low of $5.46 and a 1 year high of $8.34. The stock’s 50 day moving average price is $6.34 and its 200 day moving average price is $6.32.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 17th. Shareholders of record on Friday, December 30th were paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 12.78%. The ex-dividend date was Thursday, December 29th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. City of London Investment Management Co. Ltd. raised its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 18.5% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 716,998 shares of the company’s stock worth $4,291,000 after buying an additional 112,170 shares during the period. Guggenheim Capital LLC grew its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 31.9% during the first quarter. Guggenheim Capital LLC now owns 166,578 shares of the company’s stock valued at $1,354,000 after acquiring an additional 40,264 shares in the last quarter. Wolverine Asset Management LLC grew its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 313.9% during the third quarter. Wolverine Asset Management LLC now owns 119,682 shares of the company’s stock valued at $716,000 after acquiring an additional 90,764 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 18.3% during the third quarter. Private Advisor Group LLC now owns 77,700 shares of the company’s stock worth $465,000 after purchasing an additional 12,000 shares during the last quarter. Finally, UBS Group AG lifted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 15.7% during the third quarter. UBS Group AG now owns 68,480 shares of the company’s stock worth $410,000 after purchasing an additional 9,309 shares during the last quarter.

About Voya Asia Pacific High Dividend Equity Income Fund

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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.