Short Interest in Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Rises By 216.5%

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 26,900 shares, a growth of 216.5% from the February 13th total of 8,500 shares. Based on an average daily volume of 40,200 shares, the short-interest ratio is currently 0.7 days.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Several institutional investors and hedge funds have recently modified their holdings of IAE. Total Wealth Planning & Management Inc. purchased a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the 4th quarter valued at approximately $81,000. Quarry LP purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at $742,000. Raymond James Financial Inc. acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter valued at $986,000. One Capital Management LLC purchased a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter worth about $61,000. Finally, Wolverine Asset Management LLC purchased a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 4th quarter worth about $1,154,000.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

Shares of IAE traded down $0.03 during trading hours on Thursday, reaching $6.10. The company had a trading volume of 13,875 shares, compared to its average volume of 35,771. Voya Asia Pacific High Dividend Equity Income Fund has a 12-month low of $5.90 and a 12-month high of $6.99. The firm has a 50 day simple moving average of $6.17 and a 200-day simple moving average of $6.32.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a yield of 12.80%. 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.