Asia Pacific Fund Incorporated (NYSE:APB) Could Burn Your Long Portfolio After More Shorts

January 10, 2018 - By Nellie Frank

 Asia Pacific Fund Incorporated (NYSE:APB) Could Burn Your Long Portfolio After More Shorts

Investors sentiment is 1 in Q3 2017. Its the same as in 2017Q2. It has no change, as 2 investors sold The Asia Pacific Fund, Inc. shares while 4 reduced holdings. only 0 funds opened positions while 6 raised stakes. 7.39 million shares or 0.51% more from 7.35 million shares in 2017Q2 were reported.
Karpus Inc has invested 1.16% in The Asia Pacific Fund, Inc. (NYSE:APB). Blue Bell Private Wealth Mngmt Llc reported 78 shares stake. Seaward Mgmt Partnership reported 0.01% stake. Icon Advisers invested 0.13% of its portfolio in The Asia Pacific Fund, Inc. (NYSE:APB). Thomas J Herzfeld Advsrs holds 0.03% or 5,150 shares in its portfolio. Moreover, Pnc Serv Grp Inc Incorporated has 0% invested in The Asia Pacific Fund, Inc. (NYSE:APB) for 50,715 shares. Lazard Asset Mngmt Ltd Limited Liability Company has 77,202 shares. Wells Fargo And Mn, a California-based fund reported 1,842 shares. Royal Comml Bank Of Canada reported 1,015 shares. 15,490 were reported by Morgan Stanley. Brinker has 40,696 shares. National Bank & Trust Of America De invested in 2,819 shares. Us Savings Bank De invested in 430 shares or 0% of the stock. Deutsche Natl Bank Ag reported 15,000 shares. Css Limited Liability Corp Il reported 85,671 shares stake.

The stock of Asia Pacific Fund Incorporated (NYSE:APB) registered an increase of 2.21% in short interest. APB’s total short interest was 23,100 shares in January as published by FINRA. Its up 2.21% from 22,600 shares, reported previously. With 3,400 shares average volume, it will take short sellers 7 days to cover their APB’s short positions.

The stock increased 0.54% or $0.0807 during the last trading session, reaching $15.0214. About 8,292 shares traded or 92.57% up from the average. The Asia Pacific Fund, Inc. (NYSE:APB) has risen 33.00% since January 10, 2017 and is uptrending. It has outperformed by 16.30% the S&P500.

More important recent The Asia Pacific Fund, Inc. (NYSE:APB) news were published by: Globenewswire.com which released: “The Asia Pacific Fund, Inc. Announces Results of Annual Meeting of Stockholders” on October 20, 2017, also Globenewswire.com published article titled: “The Asia Pacific Fund, Inc. Files Its Annual Report”, Seekingalpha.com published: “Liquidation Looms For Asia Pacific Fund” on September 07, 2017. More interesting news about The Asia Pacific Fund, Inc. (NYSE:APB) was released by: Globenewswire.com and their article: “The Asia Pacific Fund, Inc. Declares Dividend” with publication date: December 12, 2017.

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