Aberdeen Asia-Pacific Income Fund, Inc. (FAX) Sees Significant Growth in Short Interest

Aberdeen Asia-Pacific Income Fund, Inc. (NYSE:FAX) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 132,139 shares, a growth of 92.9% from the September 15th total of 68,510 shares. Based on an average daily volume of 597,079 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Aberdeen Asia-Pacific Income Fund (NYSE:FAX) opened at 4.96 on Friday. The stock’s 50 day moving average is $5.12 and its 200-day moving average is $5.07. Aberdeen Asia-Pacific Income Fund has a 12 month low of $4.22 and a 12 month high of $5.55.

About Aberdeen Asia-Pacific Income Fund

Aberdeen Asia-Pacific Income Fund, Inc (the Fund) is a closed-end, non-diversified management investment company. The Fund’s principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. The Fund invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes in Asian debt securities, Australian debt securities and New Zealand debt securities.

5 Day Chart for NYSE:FAX

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