abrdn Global Income Fund, Inc. ( NYSEAMERICAN:FCO – Get Rating ) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 72,500 shares, a growth of 19.0% from the May 15th total of 60,900 shares. Based on an average daily volume of 60,200 shares, the short-interest ratio is presently 1.2 days. Institutional Inflows and Outflows Several institutional investors and hedge funds have recently added to or reduced their stakes in FCO. Moors & Cabot Inc. acquired a new position in abrdn Global Income Fund during the 1st quarter worth about $64,000.

https://www.dailypolitical.com/2023/06/17/abrdn-global-income-fund-inc-nyseamericanfco-sees-significant-growth-in-short-interest.html

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