Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) Short Interest Up 238.1% in January

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 3,902 shares, a growth of 238.1% from the December 31st total of 1,154 shares. Based on an average trading volume of 2,018 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,018 shares, the days-to-cover ratio is presently 1.9 days.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised shares of Abrdn to a “hold” rating in a research note on Thursday, December 4th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, Abrdn currently has an average rating of “Hold”.

Abrdn Stock Performance

Abrdn stock opened at $11.99 on Friday. Abrdn has a 1 year low of $6.36 and a 1 year high of $12.63. The company’s 50-day moving average is $11.04 and its two-hundred day moving average is $10.85.

About Abrdn

Abrdn plc is a global investment management company headquartered in Edinburgh, Scotland. Operating under the ticker OTCMKTS:SLFPY in the over-the-counter market, the firm delivers a broad range of financial products and services to institutional, wholesale and retail clients. Its offerings span equity, fixed income, multi-asset, real estate and private markets, with a focus on active management and thematic investing strategies.

The company’s core business activities include the management of pooled and segregated funds, advisory services and model portfolio solutions.