Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Update

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 45,438 shares, a growth of 683.1% from the December 31st total of 5,802 shares. Based on an average daily volume of 67,579 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 67,579 shares, the short-interest ratio is presently 0.7 days.

Insider Activity at Voya Asia Pacific High Dividend Equity Income Fund

In related news, major shareholder Saba Capital Management, L.P. sold 31,461 shares of the stock in a transaction on Monday, January 26th. The shares were sold at an average price of $8.14, for a total transaction of $256,092.54. Following the completion of the transaction, the insider owned 1,785,226 shares in the company, valued at approximately $14,531,739.64. This represents a 1.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Institutional Trading of Voya Asia Pacific High Dividend Equity Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of IAE. Shaker Financial Services LLC lifted its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 9.4% in the fourth quarter. Shaker Financial Services LLC now owns 198,949 shares of the company’s stock valued at $1,461,000 after buying an additional 17,016 shares during the last quarter. Advisory Services Network LLC bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the 3rd quarter valued at $30,000. Bulldog Investors LLP lifted its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 424.0% during the 3rd 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 during the last quarter. Raymond James Financial Inc. boosted its position in Voya Asia Pacific High Dividend Equity Income Fund by 5.4% during the third quarter. Raymond James Financial Inc. now owns 136,445 shares of the company’s stock worth $1,023,000 after purchasing an additional 6,934 shares during the period. Finally, NWF Advisory Services Inc. increased its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 4.7% in the third quarter. NWF Advisory Services Inc. now owns 107,250 shares of the company’s stock valued at $804,000 after purchasing an additional 4,800 shares during the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Stock Performance

NYSE IAE traded up $0.04 on Wednesday, hitting $8.26. 44,480 shares of the stock were exchanged, compared to its average volume of 94,538. The business’s fifty day moving average is $7.53 and its 200 day moving average is $7.39. Voya Asia Pacific High Dividend Equity Income Fund has a 52 week low of $5.30 and a 52 week high of $8.30.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be paid a $0.065 dividend. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date is Monday, February 2nd.

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.