Aberdeen Standard Global Infrastructure Income Fund (NYSE:ASGI) Short Interest Up 80.6% in April

Aberdeen Standard Global Infrastructure Income Fund (NYSE:ASGI – Get Rating) was the target of a large growth in short interest in April. As of April 30th, there was short interest totalling 5,600 shares, a growth of 80.6% from the April 15th total of 3,100 shares. Based on an average daily volume of 22,100 shares, the days-to-cover ratio is currently 0.3 days.

ASGI opened at $18.54 on Friday. The company’s 50 day simple moving average is $19.64 and its two-hundred day simple moving average is $19.95. Aberdeen Standard Global Infrastructure Income Fund has a 1-year low of $18.11 and a 1-year high of $23.00.

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 31st. Stockholders of record on Friday, May 20th will be issued a dividend of $0.12 per share. The ex-dividend date is Thursday, May 19th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 7.77%.

Several hedge funds and other institutional investors have recently made changes to their positions in ASGI. Commonwealth Equity Services LLC increased its holdings in shares of Aberdeen Standard Global Infrastructure Income Fund by 16.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 13,650 shares of the company’s stock worth $272,000 after buying an additional 1,950 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Aberdeen Standard Global Infrastructure Income Fund by 37.0% during the 3rd quarter. Raymond James & Associates now owns 58,437 shares of the company’s stock worth $1,165,000 after buying an additional 15,771 shares during the last quarter. Advisor Group Holdings Inc. acquired a new stake in shares of Aberdeen Standard Global Infrastructure Income Fund during the 3rd quarter worth approximately $32,000. Wolverine Asset Management LLC increased its holdings in shares of Aberdeen Standard Global Infrastructure Income Fund by 83.7% during the 3rd quarter. Wolverine Asset Management LLC now owns 84,301 shares of the company’s stock worth $1,680,000 after buying an additional 38,417 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Aberdeen Standard Global Infrastructure Income Fund by 17.0% during the 3rd quarter. Invesco Ltd. now owns 16,044 shares of the company’s stock worth $320,000 after buying an additional 2,326 shares during the last quarter.

About Aberdeen Standard Global Infrastructure Income Fund (Get Rating)

Aberdeen Standard Global Infrastructure Income Fund seeks to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

The Fund seeks to achieve its investment objective by investing in a portfolio of income-producing public and private
infrastructure equity investments from around the world.

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