Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Up 683.1% in January

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 45,438 shares, an increase of 683.1% from the December 31st total of 5,802 shares. Based on an average daily trading volume, of 67,579 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 67,579 shares, the short-interest ratio is currently 0.7 days.

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

NYSE IAE traded down $0.09 during mid-day trading on Thursday, reaching $8.16. 44,413 shares of the stock were exchanged, compared to its average volume of 91,895. Voya Asia Pacific High Dividend Equity Income Fund has a 1-year low of $5.30 and a 1-year high of $8.30. The business’s fifty day simple moving average is $7.53 and its 200 day simple moving average is $7.39.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be issued a $0.065 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 9.6%.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. sold 6,237 shares of the company’s stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $8.28, for a total value of $51,642.36. Following the sale, the insider owned 1,758,371 shares in the company, valued at $14,559,311.88. This represents a 0.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 58,316 shares of company stock worth $477,421.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Institutional investors have recently added to or reduced their stakes in the business. Colonial Trust Advisors acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the 2nd quarter valued at approximately $27,000. Advisory Services Network LLC bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the third quarter valued at $30,000. Cetera Investment Advisers acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund during the second quarter worth $83,000. Total Wealth Planning & Management Inc. lifted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 3.6% in the 2nd quarter. Total Wealth Planning & Management Inc. now owns 46,913 shares of the company’s stock worth $330,000 after buying an additional 1,613 shares during the last quarter. Finally, NWF Advisory Services Inc. lifted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.7% in the 3rd quarter. NWF Advisory Services Inc. now owns 107,250 shares of the company’s stock worth $804,000 after buying an additional 4,800 shares during the last quarter.

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.