abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) Short Interest Update

abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 30,600 shares, a growth of 15.0% from the March 31st total of 26,600 shares. Based on an average daily volume of 74,900 shares, the short-interest ratio is currently 0.4 days.

abrdn Global Income Fund Stock Performance

Shares of abrdn Global Income Fund stock traded down $0.02 during trading on Monday, hitting $5.55. 38,728 shares of the company were exchanged, compared to its average volume of 88,734. abrdn Global Income Fund has a 1-year low of $4.73 and a 1-year high of $6.63.

abrdn Global Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be issued a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of 15.14%. The ex-dividend date of this dividend is Monday, April 22nd.

About abrdn Global Income Fund

Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets across the globe.