Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Down 50.3% in February

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the recipient of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 8,500 shares, a drop of 50.3% from the January 31st total of 17,100 shares. Based on an average trading volume of 41,900 shares, the short-interest ratio is currently 0.2 days.

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

Several institutional investors and hedge funds have recently made changes to their positions in IAE. Private Advisor Group LLC increased its stake in Voya Asia Pacific High Dividend Equity Income Fund by 5.9% in the third quarter. Private Advisor Group LLC now owns 143,000 shares of the company’s stock valued at $980,000 after purchasing an additional 8,000 shares in the last quarter. Absolute Investment Advisers LLC bought a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter worth approximately $1,278,000. Wolverine Asset Management LLC purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter worth $1,154,000. Raymond James Financial Inc. purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter worth about $986,000. Finally, One Capital Management LLC purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at about $61,000.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

Shares of NYSE IAE traded down $0.04 during trading hours on Friday, hitting $6.25. 71,255 shares of the stock were exchanged, compared to its average volume of 39,550. Voya Asia Pacific High Dividend Equity Income Fund has a 1-year low of $5.89 and a 1-year high of $6.99. The company’s fifty day simple moving average is $6.18 and its two-hundred day simple moving average is $6.34.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a $0.065 dividend. This represents a $0.78 annualized dividend and a yield of 12.48%. The ex-dividend date is Monday, March 3rd.

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.