abrdn plc (OTCMKTS:SLFPY) Sees Significant Increase in Short Interest

abrdn plc (OTCMKTS:SLFPY - Get Free Report) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 200 shares, an increase of 100.0% from the March 31st total of 100 shares. Based on an average trading volume of 800 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company's shares are short sold.

abrdn Stock Performance

Shares of OTCMKTS:SLFPY traded up $0.95 during midday trading on Friday, hitting $8.45. 1,203 shares of the company's stock traded hands, compared to its average volume of 816. abrdn has a twelve month low of $6.36 and a twelve month high of $9.19. The firm's fifty day moving average price is $8.13 and its two-hundred day moving average price is $7.53.

abrdn Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Friday, March 28th will be paid a $0.3717 dividend. The ex-dividend date of this dividend is Friday, March 28th. This is a positive change from abrdn's previous dividend of $0.32.

abrdn Company Profile

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.