abrdn Global Income Fund (FCO) Short Interest Ratio & Short Volume

Short interest is the volume of abrdn Global Income Fund shares that have been sold short but have not yet been covered or closed out. As of April 15th, investors have sold 30,600 shares of FCO short. Learn More on abrdn Global Income Fund's current short interest.

abrdn Global Income Fund saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 30,600 shares, an increase of 15.0% from the previous total of 26,600 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 Global Income Fund: The Gabelli Convertible and Income Securities Fund Inc. (0.07%), DTF Tax-Free Income 2028 Term Fund Inc. (0.04%), The European Equity Fund, Inc. (0.02%), The Central and Eastern Europe Fund, Inc. (0.01%), Abrdn Japan Equity Fund Inc (0.10%), Nuveen California Select Tax-Free Income Portfolio (0.21%), SuRo Capital Corp. (0.11%), Nuveen Municipal Income Fund, Inc. (0.05%), Nuveen Massachusetts Quality Municipal Income Fund (0.17%), The Swiss Helvetia Fund Inc. (0.06%),

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 FCO is an investing strategy that aims to generate trading profit from abrdn Global Income Fund as its price is falling. 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 Global Income Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FCO, 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 FCO, twice per month. The most recent reporting period available is April, 15 2024.