abrdn Global Income Fund (FCO) Short Interest Ratio & Short Volume

Short interest is the volume of abrdn Global Income Fund shares that have been sold short but have not yet been covered or closed out. As of October 31st, traders have sold 96,200 shares of FCO short. Learn More on abrdn Global Income Fund's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. FCO shares currently have a short interest ratio of 2.0. Learn More on abrdn Global Income Fund's short interest ratio.

abrdn Global Income Fund saw a drop in short interest in the month of October. As of October 31st, there was short interest totaling 96,200 shares, a drop of 7.4% from the previous total of 103,900 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "financial services" compare to abrdn Global Income Fund: Morgan Stanley India Investment Fund, Inc. (0.21%), The Mexico Fund, Inc. (0.11%), MFS Multimarket Income Trust (0.12%), BlackRock Income Trust, Inc. (0.20%), BlackRock MuniVest Fund II, Inc. (0.06%), Nuveen Virginia Quality Municipal Income Fund (0.58%), Templeton Dragon Fund, Inc. (0.01%), Neuberger Berman High Yield Strategies Fund Inc. (0.30%), BlackRock Investment Quality Municipal Trust Inc. (0.14%), Templeton Emerging Markets Fund (0.03%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.08 billion), AppLovin Co. ($3.18 billion), Paychex, Inc. ($2.64 billion), Nu Holdings Ltd. ($2.54 billion), International Paper ($2.46 billion), Cencora, Inc. ($2.27 billion), Moderna, Inc. ($1.87 billion), SoFi Technologies, Inc. ($1.81 billion), Lululemon Athletica Inc. ($1.75 billion), and Onsemi ($1.71 billion). View all of the most shorted stocks.

Short selling FCO is an investing strategy that aims to generate trading profit from abrdn Global Income Fund as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for abrdn Global Income Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FCO, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FCO, twice per month. The most recent reporting period available is October, 31 2024.