abrdn plc (OTCMKTS:SLFPY - Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 100 shares, a decline of 91.7% from the September 30th total of 1,200 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is presently 0.1 days.
Analysts Set New Price Targets
Several brokerages have recently commented on SLFPY. Barclays upgraded shares of abrdn to a "strong sell" rating in a research report on Thursday, October 10th. Citigroup raised shares of abrdn to a "hold" rating in a report on Thursday, October 10th.
Check Out Our Latest Research Report on abrdn
abrdn Stock Performance
SLFPY remained flat at $7.80 during midday trading on Friday. The company's stock had a trading volume of 61 shares, compared to its average volume of 1,239. abrdn has a 12-month low of $6.71 and a 12-month high of $9.42. The company's 50 day simple moving average is $7.93 and its 200-day simple moving average is $7.80.
abrdn Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, October 9th. Shareholders of record on Friday, August 16th were paid a $0.317 dividend. The ex-dividend date was Friday, August 16th.
abrdn Company Profile
(
Get Free Report)
abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.
Further Reading
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