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) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 32,800 shares, a growth of 105.0% from the November 15th total of 16,000 shares. Based on an average daily volume of 49,200 shares, the days-to-cover ratio is presently 0.7 days.

Voya Asia Pacific High Dividend Equity Income Fund Trading Down 0.2 %

Shares of IAE opened at $6.17 on Friday. Voya Asia Pacific High Dividend Equity Income Fund has a 52-week low of $5.58 and a 52-week high of $6.99. The firm has a 50-day moving average price of $6.39 and a 200 day moving average price of $6.38.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a $0.065 dividend. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $0.78 dividend on an annualized basis and a dividend yield of 12.64%.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Raymond James & Associates boosted its stake in Voya Asia Pacific High Dividend Equity Income Fund by 509.8% during the second quarter. Raymond James & Associates now owns 231,269 shares of the company’s stock worth $1,466,000 after buying an additional 193,343 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 3.8% during the 2nd quarter. Private Advisor Group LLC now owns 135,000 shares of the company’s stock worth $856,000 after acquiring an additional 5,000 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 2nd quarter valued at about $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.