Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Down 39.6% in April

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 3,034 shares, a decline of 39.6% from the April 15th total of 5,022 shares. Based on an average daily trading volume, of 25,130 shares, the short-interest ratio is currently 0.1 days.

Insider Activity at Voya Asia Pacific High Dividend Equity Income Fund

In other news, major shareholder Saba Capital Management, L.P. sold 41,777 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $7.73, for a total value of $322,936.21. Following the transaction, the insider owned 1,618,753 shares in the company, valued at $12,512,960.69. This trade represents a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Hedge Funds Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

Several hedge funds and other institutional investors have recently modified their holdings of IAE. Wells Fargo & Company MN raised its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 8.6% in the 4th quarter. Wells Fargo & Company MN now owns 107,363 shares of the company’s stock valued at $782,000 after acquiring an additional 8,481 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 264.6% during the 4th quarter. LPL Financial LLC now owns 47,623 shares of the company’s stock worth $347,000 after purchasing an additional 34,561 shares during the last quarter. Cetera Investment Advisers purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the second quarter valued at approximately $83,000. Advisory Services Network LLC purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the third quarter valued at approximately $30,000. Finally, Fifth Third Bancorp acquired a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the first quarter valued at approximately $219,000.

Voya Asia Pacific High Dividend Equity Income Fund Stock Up 0.4%

Shares of IAE traded up $0.04 during trading hours on Tuesday, hitting $8.20. 29,904 shares of the stock were exchanged, compared to its average volume of 59,376. The stock’s 50-day moving average price is $7.73 and its two-hundred day moving average price is $7.68. Voya Asia Pacific High Dividend Equity Income Fund has a 12-month low of $6.51 and a 12-month high of $8.47.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.5%.

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.