Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Stock Short Interest Declines 63.1%

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 4,098 shares, a drop of 63.1% from the September 15th total of 11,098 shares. Based on an average daily volume of 55,791 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Cetera Investment Advisers increased its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 36.2% during the first quarter. Cetera Investment Advisers now owns 18,814 shares of the company’s stock valued at $139,000 after buying an additional 5,000 shares during the period. Bulldog Investors LLP boosted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 3.8% in the first quarter. Bulldog Investors LLP now owns 441,260 shares of the company’s stock valued at $3,252,000 after acquiring an additional 16,352 shares during the period. Fifth Third Bancorp bought a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the first quarter valued at approximately $219,000. Private Advisor Group LLC boosted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 1.6% in the first quarter. Private Advisor Group LLC now owns 117,375 shares of the company’s stock valued at $865,000 after acquiring an additional 1,875 shares during the period. Finally, NWF Advisory Services Inc. grew its stake in Voya Asia Pacific High Dividend Equity Income Fund by 5.6% during the fourth quarter. NWF Advisory Services Inc. now owns 113,250 shares of the company’s stock valued at $824,000 after acquiring an additional 6,000 shares in the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Trading Down 1.4%

IAE stock traded down $0.10 during midday trading on Tuesday, reaching $7.02. 150,926 shares of the company’s stock traded hands, compared to its average volume of 63,158. Voya Asia Pacific High Dividend Equity Income Fund has a 52 week low of $6.98 and a 52 week high of $9.27. The company has a 50-day moving average price of $8.72 and a two-hundred day moving average price of $8.50.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Tuesday, October 13th. Investors of record on Friday, October 9th will be issued a dividend of $1.66 per share. The ex-dividend date of this dividend is Friday, October 9th.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile

Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE) is a closed-end investment fund managed by Voya Investment Management. The fund seeks to provide a high level of current income and long-term capital appreciation by investing primarily in dividend-paying equity securities issued by companies located in the Asia-Pacific region.

The fund’s portfolio may include companies from markets such as Australia, China, Hong Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan and Thailand.