abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO – Get Free Report) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 116,400 shares, a growth of 28.6% from the June 30th total of 90,500 shares. Based on an average trading volume of 55,400 shares, the short-interest ratio is presently 2.1 days.
abrdn Global Income Fund Stock Up 0.9 %
NYSEAMERICAN:FCO opened at $5.81 on Friday. abrdn Global Income Fund has a 12 month low of $4.73 and a 12 month high of $6.63.
abrdn Global Income Fund Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Wednesday, July 24th will be issued a $0.07 dividend. The ex-dividend date is Wednesday, July 24th. This represents a $0.84 annualized dividend and a yield of 14.46%.
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.
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