Abrdn Asia-Pacific Income Fund (FAX) Short Interest Ratio & Short Volume

Short interest is the volume of Abrdn Asia-Pacific Income Fund shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 139,500 shares of FAX short. Learn More on Abrdn Asia-Pacific Income Fund's current short interest.

Abrdn Asia-Pacific Income Fund saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 139,500 shares, a decrease of 54.9% from the previous total of 309,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to Abrdn Asia-Pacific Income Fund: BlackRock MuniHoldings New Jersey Quality Fund, Inc. (0.10%), Adams Natural Resources Fund, Inc. (1.48%), Nuveen Select Tax-Free Income Portfolio (0.06%), The India Fund, Inc. (3.86%), John Hancock Financial Opportunities Fund (0.04%), PIMCO High Income Fund (0.05%), BlackRock Debt Strategies Fund, Inc. (0.42%), BlackRock MuniYield Quality Fund III, Inc. (0.19%), BlackRock MuniYield Fund, Inc. (0.58%), Cornerstone Total Return Fund, Inc. (6.97%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling FAX is an investing strategy that aims to generate trading profit from Abrdn Asia-Pacific Income Fund as its price is falling. FAX shares are trading up $0.03 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Abrdn Asia-Pacific Income Fund occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FAX, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FAX, twice per month. The most recent reporting period available is April, 15 2024.