Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) Shares Shorted: Short Interest Up 1,190.6% in October

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 413 shares, an increase of 1,190.6% from the October 15th total of 32 shares. Based on an average trading volume of 495 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.0% of the shares of the stock are short sold.

Abrdn Price Performance

Shares of SLFPY remained flat at $12.32 during mid-day trading on Thursday. The stock had a trading volume of 306 shares, compared to its average volume of 394. Abrdn has a twelve month low of $10.03 and a twelve month high of $13.60. The stock has a 50-day simple moving average of $12.82 and a 200-day simple moving average of $12.44.

About Abrdn

abrdn plc is a global investment and financial services company headquartered in Edinburgh, Scotland. It provides investment management services to institutional and individual clients, with offerings across areas such as equities, fixed income, multi-asset investing and private markets. The company also serves financial advisers and individual investors through wealth and investment platforms, including interactive investor. Its services include investment products, portfolio management and tools for investing and financial planning. abrdn was formed in 2017 through the merger of Standard Life and Aberdeen Asset Management and adopted the abrdn name in 2021.