Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) Short Interest Update

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 10,500 shares, an increase of 854.5% from the August 31st total of 1,100 shares. Based on an average daily volume of 2,800 shares, the short-interest ratio is currently 3.8 days. Based on an average daily volume of 2,800 shares, the short-interest ratio is currently 3.8 days.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada raised shares of Abrdn from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce”.

Abrdn Stock Performance

OTCMKTS:SLFPY opened at $10.53 on Thursday. The stock’s fifty day moving average is $10.54 and its two-hundred day moving average is $9.61. Abrdn has a 52 week low of $6.36 and a 52 week high of $11.10.

Abrdn Company Profile

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.