Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) Sees Large Growth in Short Interest

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPYGet Free Report) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 3,248 shares, a growth of 81.6% from the February 26th total of 1,789 shares. Based on an average daily volume of 477 shares, the short-interest ratio is currently 6.8 days. Currently, 0.0% of the shares of the company are sold short.

Abrdn Stock Down 0.4%

SLFPY stock opened at $10.11 on Friday. The company has a fifty day moving average price of $11.55 and a two-hundred day moving average price of $11.05. Abrdn has a one year low of $6.36 and a one year high of $12.63.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets upgraded 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 data from MarketBeat.com, Abrdn presently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on Abrdn

About Abrdn

(Get Free Report)

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.

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