Today: Today, Aberdeen Asia-Pacific Income Fund, Inc. (FAX) Short Interest Up 484.6% in November

Today, Aberdeen Asia-Pacific Income Fund, Inc. (FAX) Short Interest Up 484.6% in November

Aberdeen Asia-Pacific Income Fund, Inc. (NYSE:FAX) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 499,377 shares, a growth of 484.6% from the October 31st total of 85,426 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 750,798 shares, the short-interest ratio is presently 0.7 days.

Shares of Aberdeen Asia-Pacific Income Fund (NYSE:FAX) traded up 1.06% during trading on Friday, reaching $4.77. 579,298 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $4.89 and a 200-day moving average price of $5.05. The stock’s market capitalization is $1.21 billion. Aberdeen Asia-Pacific Income Fund has a 52 week low of $4.22 and a 52 week high of $5.55.

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