Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX – Get Rating) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 275,200 shares, an increase of 204.4% from the March 31st total of 90,400 shares. Based on an average daily trading volume, of 1,015,300 shares, the short-interest ratio is currently 0.3 days.
FAX opened at $3.22 on Thursday. Aberdeen Asia-Pacific Income Fund has a 12 month low of $3.20 and a 12 month high of $4.46.
The company also recently disclosed a monthly dividend, which will be paid on Friday, April 29th. Investors of record on Friday, April 22nd will be given a $0.0275 dividend. This represents a $0.33 dividend on an annualized basis and a dividend yield of 10.25%. The ex-dividend date is Thursday, April 21st.
About Aberdeen Asia-Pacific Income Fund (Get Rating)
Aberdeen Asia-Pacific Income Fund, Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.
- Get a free copy of the StockNews.com research report on Aberdeen Asia-Pacific Income Fund (FAX)
- Automatic Data Processing Is Ready To Scale New Heights
- Carl Icahn Buys More Xerox
- Xerox Holdings Stock is a Value Play
- The Kraft Heinz Turnaround Story Gains Momentum
- Microsoft (NASDAQ: MSFT) Saves The Day, For Now
Receive News & Ratings for Aberdeen Asia-Pacific Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aberdeen Asia-Pacific Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.