Short Interest in Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Drops By 55.3%

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a significant decrease in short interest in February. As of February 13th, there was short interest totaling 27,609 shares, a decrease of 55.3% from the January 29th total of 61,729 shares. Based on an average trading volume of 63,408 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 63,408 shares, the short-interest ratio is presently 0.4 days.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

Shares of IAE traded up $0.03 during midday trading on Friday, hitting $8.15. The stock had a trading volume of 42,737 shares, compared to its average volume of 73,570. The company has a 50 day simple moving average of $7.86 and a two-hundred day simple moving average of $7.54. Voya Asia Pacific High Dividend Equity Income Fund has a twelve month low of $5.30 and a twelve month high of $8.30.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be paid a $0.065 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a yield of 9.6%.

Insider Activity at Voya Asia Pacific High Dividend Equity Income Fund

In related news, major shareholder Saba Capital Management, L.P. sold 21,874 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $8.12, for a total value of $177,616.88. Following the sale, the insider directly owned 1,660,530 shares of the company’s stock, valued at approximately $13,483,503.60. The trade was a 1.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 156,157 shares of company stock worth $1,272,616 in the last quarter.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bulldog Investors LLP boosted its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 424.0% during the third quarter. Bulldog Investors LLP now owns 406,055 shares of the company’s stock worth $3,045,000 after purchasing an additional 328,562 shares during the last quarter. Shaker Financial Services LLC lifted its position in Voya Asia Pacific High Dividend Equity Income Fund by 4.6% during the 3rd quarter. Shaker Financial Services LLC now owns 181,933 shares of the company’s stock worth $1,364,000 after buying an additional 8,050 shares in the last quarter. Cetera Investment Advisers bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 2nd quarter worth about $83,000. Raymond James Financial Inc. boosted its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 19.0% during the 2nd quarter. Raymond James Financial Inc. now owns 129,511 shares of the company’s stock worth $912,000 after buying an additional 20,723 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings 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 acquiring an additional 10,684 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.