Aberdeen Asia-Pacific Income Fund, Inc. (FAX) Short Interest Up 163.8% in September
Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) was the recipient of a large increase in short interest in the month of September. As of September 14th, there was short interest totalling 131,256 shares, an increase of 163.8% from the August 31st total of 49,759 shares. Based on an average trading volume of 899,046 shares, the days-to-cover ratio is currently 0.1 days.
Shares of NYSEAMERICAN FAX opened at $4.10 on Thursday. Aberdeen Asia-Pacific Income Fund has a 52-week low of $4.08 and a 52-week high of $5.18.
The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 2nd. Shareholders of record on Monday, September 24th will be given a $0.035 dividend. This represents a $0.42 annualized dividend and a yield of 10.24%. The ex-dividend date is Friday, September 21st.
Aberdeen Asia-Pacific Income Fund Company Profile
Aberdeen Asia-Pacific Income Fund, Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Asset Management Asia Limited. It is co-managed by Aberdeen Asset Management Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.
Featured Story: Marijuana Stocks
Receive News & Ratings for Aberdeen Asia-Pacific Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aberdeen Asia-Pacific Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.