Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Up 42.8% in April

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE – Get Rating) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 32,700 shares, an increase of 42.8% from the April 15th total of 22,900 shares. Based on an average trading volume of 49,600 shares, the short-interest ratio is currently 0.7 days.

NYSE IAE traded up $0.17 during trading hours on Friday, reaching $6.93. 61,758 shares of the company’s stock traded hands, compared to its average volume of 56,592. Voya Asia Pacific High Dividend Equity Income Fund has a 52-week low of $6.73 and a 52-week high of $9.74. The firm has a 50-day simple moving average of $7.54 and a 200 day simple moving average of $7.96.

The company also recently announced a quarterly dividend, which was paid on Monday, April 18th. Shareholders of record on Monday, April 4th were issued a $0.215 dividend. The ex-dividend date was Friday, April 1st. This represents a $0.86 annualized dividend and a yield of 12.41%.

Institutional investors have recently modified their holdings of the business. Shaker Financial Services LLC raised its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 41.4% in the first quarter. Shaker Financial Services LLC now owns 174,635 shares of the company’s stock worth $1,420,000 after buying an additional 51,141 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter valued at approximately $104,000. Quantedge Capital Pte Ltd purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund during the fourth quarter valued at approximately $138,000. Raymond James & Associates raised its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 0.9% during the fourth quarter. Raymond James & Associates now owns 797,936 shares of the company’s stock valued at $6,471,000 after purchasing an additional 7,051 shares during the last quarter. Finally, Wolverine Asset Management LLC raised its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 1,179.7% during the fourth quarter. Wolverine Asset Management LLC now owns 93,445 shares of the company’s stock valued at $757,000 after purchasing an additional 86,143 shares during the last quarter.

Voya Asia Pacific High Dividend Equity Income Fund Company Profile (Get Rating)

Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors.

See Also