Short Interest in Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Grows By 25.5%

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 25,600 shares, an increase of 25.5% from the May 31st total of 20,400 shares. Based on an average daily trading volume, of 31,500 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. City of London Investment Management Co. Ltd. increased its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 13.6% during the first quarter. City of London Investment Management Co. Ltd. now owns 3,683,059 shares of the company’s stock valued at $23,314,000 after acquiring an additional 440,671 shares in the last quarter. Private Advisor Group LLC grew its position in Voya Asia Pacific High Dividend Equity Income Fund by 6.6% in the 1st quarter. Private Advisor Group LLC now owns 130,000 shares of the company’s stock valued at $823,000 after purchasing an additional 8,000 shares during the period. Eagle Rock Investment Company LLC bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund during the 1st quarter valued at $97,000. Finally, RPO LLC raised its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 31.0% during the fourth quarter. RPO LLC now owns 61,839 shares of the company’s stock worth $372,000 after buying an additional 14,643 shares during the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Stock Up 0.3 %

Shares of Voya Asia Pacific High Dividend Equity Income Fund stock traded up $0.02 during trading on Friday, reaching $6.34. 16,726 shares of the company traded hands, compared to its average volume of 38,786. The company has a 50 day moving average price of $6.22 and a 200-day moving average price of $6.09. Voya Asia Pacific High Dividend Equity Income Fund has a 1-year low of $5.31 and a 1-year high of $6.41.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, July 15th. Stockholders of record on Monday, July 1st will be paid a $0.065 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $0.78 annualized dividend and a dividend yield of 12.30%.

About Voya Asia Pacific High Dividend Equity Income Fund

Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors.