Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) Short Interest Up 700.0% in July

Key Points

• Abrdn PLC Unsponsored ADR saw a significant increase in short interest of 700.0% in July, rising from 200 shares at the end of June to 1,600 shares by July 15th.
• The short-interest ratio for Abrdn is currently 4.0 days, based on an average daily trading volume of 400 shares.
• Abrdn's stock price opened at $10.25, with a twelve-month high of $11.09 and a low of $6.36.

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY - Get Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 1,600 shares, agrowthof700.0% from the June 30th total of 200 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 4.0 days. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 4.0 days.

Abrdn Stock Performance

OTCMKTS:SLFPY remained flat at $10.25 during mid-day trading on Wednesday. 12 shares of the company were exchanged, compared to its average volume of 203. The business has a 50 day simple moving average of $10.45 and a 200-day simple moving average of $8.89. Abrdn has a fifty-two week low of $6.36 and a fifty-two week high of $11.09. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.92 and a quick ratio of 1.92.

About Abrdn

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.