Short Interest in Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Rises By 265.4%

by · The Cerbat Gem

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 16,430 shares, an increase of 265.4% from the July 15th total of 4,496 shares. Based on an average trading volume of 73,241 shares, the days-to-cover ratio is currently 0.2 days.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

Shares of NYSE:IAE traded up $0.06 during trading on Friday, reaching $8.81. 30,146 shares of the stock were exchanged, compared to its average volume of 64,073. Voya Asia Pacific High Dividend Equity Income Fund has a 1-year low of $6.95 and a 1-year high of $9.27. The stock has a fifty day moving average of $8.74 and a two-hundred day moving average of $8.23.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be issued a dividend of $0.065 per share. The ex-dividend date is Monday, August 3rd. This represents a c) annualized dividend and a yield of 8.9%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers raised its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 36.2% in the 1st quarter. Cetera Investment Advisers now owns 18,814 shares of the company’s stock worth $139,000 after acquiring an additional 5,000 shares during the last quarter. Bulldog Investors LLP increased its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 3.8% during the 1st quarter. Bulldog Investors LLP now owns 441,260 shares of the company’s stock worth $3,252,000 after purchasing an additional 16,352 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of Voya Asia Pacific High Dividend Equity Income Fund in the first quarter worth approximately $219,000. Private Advisor Group LLC raised its stake 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 worth $865,000 after purchasing an additional 1,875 shares during the last quarter. Finally, NWF Advisory Services Inc. lifted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 5.6% in the fourth quarter. NWF Advisory Services Inc. now owns 113,250 shares of the company’s stock valued at $824,000 after purchasing an additional 6,000 shares in the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile

(Get Free Report)

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.

See Also