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

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 14,528 shares, a growth of 378.8% from the April 30th total of 3,034 shares. Based on an average daily volume of 66,460 shares, the short-interest ratio is currently 0.2 days.

Insider Activity at Voya Asia Pacific High Dividend Equity Income Fund

In other news, major shareholder Saba Capital Management, L.P. sold 41,777 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $7.73, for a total transaction of $322,936.21. Following the completion of the transaction, the insider directly owned 1,618,753 shares in the company, valued at $12,512,960.69. The trade was a 2.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the third quarter worth $30,000. Cetera Investment Advisers purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the second quarter worth $83,000. Closed End Fund Advisors Inc. purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter worth $134,000. Fifth Third Bancorp purchased a new position in Voya Asia Pacific High Dividend Equity Income Fund in the first quarter worth $219,000. Finally, LPL Financial LLC grew its position in Voya Asia Pacific High Dividend Equity Income Fund by 264.6% in the fourth quarter. LPL Financial LLC now owns 47,623 shares of the company’s stock worth $347,000 after acquiring an additional 34,561 shares in the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Stock Up 0.2%

Shares of IAE traded up $0.02 during mid-day trading on Friday, reaching $8.62. 52,274 shares of the stock traded hands, compared to its average volume of 58,308. The firm has a fifty day moving average price of $7.92 and a 200 day moving average price of $7.73. Voya Asia Pacific High Dividend Equity Income Fund has a 1 year low of $6.62 and a 1 year high of $8.66.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.065 dividend. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a yield of 9.0%.

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.