Abrdn Australia Equity Fund Inc (NYSEAMERICAN:IAF – Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 24,400 shares, a decline of 27.4% from the August 15th total of 33,600 shares. Based on an average daily trading volume, of 41,900 shares, the short-interest ratio is presently 0.6 days.
Abrdn Australia Equity Fund Stock Up 1.5 %
NYSEAMERICAN IAF opened at $4.59 on Tuesday. Abrdn Australia Equity Fund has a 12 month low of $3.60 and a 12 month high of $4.59.
Abrdn Australia Equity Fund Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, August 23rd will be paid a $0.12 dividend. The ex-dividend date is Friday, August 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 10.46%.
Institutional Trading of Abrdn Australia Equity Fund
About Abrdn Australia Equity Fund
Abrdn Australia Equity Fund Inc is a closed ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund is managed by Aberdeen Standard Investments Australia Limited. It invests in the public equity markets of Australia. The fund makes its investments in firms operating across diversified sectors.
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