Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) Short Interest Up 25.5% in June

Voya Asia Pacific High Dividend Equity Income Fund (NYSE:IAE) saw a significant growth in short interest in June. As of June 15th, there was short interest totalling 25,600 shares, a growth of 25.5% from the May 31st total of 20,400 shares. Based on an average daily volume of 31,500 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. City of London Investment Management Co. Ltd. raised its position in shares of Voya Asia Pacific High Dividend Equity Income Fund by 13.6% in the 1st quarter. City of London Investment Management Co. Ltd. now owns 3,683,059 shares of the company’s stock worth $23,314,000 after purchasing an additional 440,671 shares during the last quarter. Eagle Rock Investment Company LLC bought a new stake in Voya Asia Pacific High Dividend Equity Income Fund in the 1st quarter worth approximately $97,000. RPO LLC raised its stake in Voya Asia Pacific High Dividend Equity Income Fund by 31.0% during the 4th quarter. RPO LLC now owns 61,839 shares of the company’s stock valued at $372,000 after buying an additional 14,643 shares during the last quarter. Finally, Private Advisor Group LLC lifted its holdings in shares of Voya Asia Pacific High Dividend Equity Income Fund by 6.6% during the 1st quarter. Private Advisor Group LLC now owns 130,000 shares of the company’s stock valued at $823,000 after buying an additional 8,000 shares during the period.

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

Shares of IAE stock opened at $6.29 on Tuesday. The business’s fifty day moving average is $6.23 and its 200 day moving average is $6.09. Voya Asia Pacific High Dividend Equity Income Fund has a twelve month low of $5.31 and a twelve month high of $6.41.

Voya Asia Pacific High Dividend Equity Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, July 15th. Investors of record on Monday, July 1st will be paid a $0.065 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $0.78 annualized dividend and a dividend yield of 12.40%.

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.