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 significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 3,034 shares, a decline of 39.6% from the April 15th total of 5,022 shares. Based on an average daily trading volume, of 25,130 shares, the days-to-cover ratio is presently 0.1 days.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

NYSE IAE traded down $0.06 during trading on Monday, reaching $8.17. 62,038 shares of the company’s stock were exchanged, compared to its average volume of 59,690. The business has a 50 day moving average price of $7.73 and a 200-day moving average price of $7.68. Voya Asia Pacific High Dividend Equity Income Fund has a fifty-two week low of $6.40 and a fifty-two week high of $8.47.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.065 per share. This represents a c) dividend on an annualized basis and a yield of 9.5%. The ex-dividend date of this dividend is Monday, June 1st.

Insiders Place Their Bets

In other Voya Asia Pacific High Dividend Equity Income Fund news, major shareholder Saba Capital Management, L.P. sold 41,777 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $7.73, for a total transaction of $322,936.21. Following the transaction, the insider owned 1,618,753 shares of the company’s stock, valued at $12,512,960.69. The trade was a 2.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Hedge Funds Weigh In On Voya Asia Pacific High Dividend Equity Income Fund

A number of institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the third quarter valued at approximately $30,000. Cetera Investment Advisers acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the second quarter valued at approximately $83,000. Closed End Fund Advisors Inc. acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the fourth quarter valued at approximately $134,000. Fifth Third Bancorp acquired a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the first quarter valued at approximately $219,000. Finally, LPL Financial LLC grew its position in shares of 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 valued at $347,000 after purchasing an additional 34,561 shares during the last quarter.

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.