Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Up 65.2% in July

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 48,400 shares, an increase of 65.2% from the July 15th total of 29,300 shares. Based on an average daily trading volume, of 30,100 shares, the short-interest ratio is currently 1.6 days.

Voya Asia Pacific High Dividend Equity Income Fund Price Performance

Voya Asia Pacific High Dividend Equity Income Fund stock remained flat at $6.30 during midday trading on Wednesday. The company had a trading volume of 15,251 shares, compared to its average volume of 35,209. The business has a 50-day simple moving average of $6.30 and a 200-day simple moving average of $6.19. Voya Asia Pacific High Dividend Equity Income Fund has a 12 month low of $5.31 and a 12 month high of $6.49.

Voya Asia Pacific High Dividend Equity Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Stockholders of record on Thursday, August 1st will be paid a $0.065 dividend. This represents a $0.78 annualized dividend and a dividend yield of 12.38%. The ex-dividend date of this dividend is Thursday, August 1st.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Private Advisor Group LLC boosted its holdings in Voya Asia Pacific High Dividend Equity Income Fund by 3.0% in the fourth quarter. Private Advisor Group LLC now owns 122,000 shares of the company’s stock valued at $733,000 after purchasing an additional 3,500 shares during the period. RPO LLC raised its position in Voya Asia Pacific High Dividend Equity Income Fund by 31.0% in the 4th quarter. RPO LLC now owns 61,839 shares of the company’s stock valued at $372,000 after purchasing an additional 14,643 shares in the last quarter. Eagle Rock Investment Company LLC purchased a new position in shares of Voya Asia Pacific High Dividend Equity Income Fund in the 1st quarter valued at about $97,000. Raymond James & Associates grew its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 509.8% during the second quarter. Raymond James & Associates now owns 231,269 shares of the company’s stock worth $1,466,000 after buying an additional 193,343 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. increased its stake in shares of Voya Asia Pacific High Dividend Equity Income Fund by 8.3% during the fourth quarter. City of London Investment Management Co. Ltd. now owns 3,242,388 shares of the company’s stock worth $19,487,000 after buying an additional 248,948 shares during the period.

About Voya Asia Pacific High Dividend Equity Income Fund

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.