Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Sees Large Decline in Short Interest
by Teresa Graham · The Cerbat GemVoya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE – Get Free Report) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 2,593 shares, a decrease of 86.7% from the November 30th total of 19,445 shares. Based on an average daily volume of 30,828 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 30,828 shares, the days-to-cover ratio is presently 0.1 days.
Hedge Funds Weigh In On Voya Asia Pacific High Dividend Equity Income Fund
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Bulldog Investors LLP lifted its position 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 valued at $3,045,000 after purchasing an additional 328,562 shares in the last quarter. Shaker Financial Services LLC raised its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.6% in the third 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 during the period. Osaic Holdings Inc. lifted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 7.8% during the 2nd quarter. Osaic Holdings Inc. now owns 147,659 shares of the company’s stock valued at $1,040,000 after buying an additional 10,684 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 5.4% during the 3rd quarter. Raymond James Financial Inc. now owns 136,445 shares of the company’s stock valued at $1,023,000 after acquiring an additional 6,934 shares during the period. Finally, NWF Advisory Services Inc. grew its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.7% during the 3rd quarter. NWF Advisory Services Inc. now owns 107,250 shares of the company’s stock valued at $804,000 after acquiring an additional 4,800 shares during the period.
Voya Asia Pacific High Dividend Equity Income Fund Stock Performance
Shares of IAE stock traded down $0.05 during mid-day trading on Wednesday, reaching $7.34. 21,774 shares of the company’s stock traded hands, compared to its average volume of 44,411. Voya Asia Pacific High Dividend Equity Income Fund has a 12 month low of $5.30 and a 12 month high of $7.94. The company’s 50-day moving average price is $7.43 and its 200-day moving average price is $7.25.
Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Tuesday, December 30th will be paid a $0.065 dividend. The ex-dividend date is Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%.
Voya Asia Pacific High Dividend Equity Income Fund Company Profile
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.