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

abrdn Global Income Fund, Inc. (NYSEAMERICAN:FCO) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 99,800 shares, a decrease of 14.3% from the July 15th total of 116,400 shares. Based on an average daily volume of 73,900 shares, the short-interest ratio is presently 1.4 days.

abrdn Global Income Fund Stock Performance

Shares of NYSEAMERICAN:FCO traded up $0.04 during midday trading on Friday, hitting $5.77. 276,987 shares of the stock were exchanged, compared to its average volume of 81,629. 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 firm also recently announced a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 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 14.56%. The ex-dividend date of this dividend is Friday, August 23rd.

abrdn Global Income Fund Company Profile

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.