Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Up 35.9% in January

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 61,729 shares, a growth of 35.9% from the January 15th total of 45,438 shares. Based on an average daily trading volume, of 112,904 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 112,904 shares, the days-to-cover ratio is currently 0.5 days.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

NYSE IAE traded up $0.01 on Monday, reaching $8.01. The company’s stock had a trading volume of 48,748 shares, compared to its average volume of 81,242. Voya Asia Pacific High Dividend Equity Income Fund has a twelve month low of $5.30 and a twelve month high of $8.30. The firm’s 50 day moving average is $7.72 and its two-hundred day moving average is $7.48.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 9.7%.

Insider Activity at Voya Asia Pacific High Dividend Equity Income Fund

In other news, major shareholder Saba Capital Management, L.P. sold 25,709 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $8.21, for a total value of $211,070.89. Following the completion of the transaction, the insider directly owned 1,683,454 shares in the company, valued at $13,821,157.34. This trade represents a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 134,283 shares of company stock worth $1,094,999.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Bulldog Investors LLP lifted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.6% during the 4th quarter. Bulldog Investors LLP now owns 424,908 shares of the company’s stock valued at $3,093,000 after acquiring an additional 18,853 shares during the last quarter. Shaker Financial Services LLC lifted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 9.4% during the fourth quarter. Shaker Financial Services LLC now owns 198,949 shares of the company’s stock valued at $1,461,000 after purchasing an additional 17,016 shares during the last quarter. Osaic Holdings Inc. boosted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 7.8% in the 2nd quarter. Osaic Holdings Inc. now owns 147,659 shares of the company’s stock valued at $1,040,000 after purchasing an additional 10,684 shares during the period. Raymond James Financial Inc. increased its stake in Voya Asia Pacific High Dividend Equity Income Fund by 5.4% in the 3rd quarter. Raymond James Financial Inc. now owns 136,445 shares of the company’s stock worth $1,023,000 after purchasing an additional 6,934 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Voya Asia Pacific High Dividend Equity Income Fund by 8.6% during the fourth quarter. Wells Fargo & Company MN now owns 107,363 shares of the company’s stock valued at $782,000 after buying an additional 8,481 shares in 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.