The company is trading up by 0.49%% since yesterday’s close of 13.65. The stock last traded at $13.72 a tad above $13.40, the stock’s 50 day moving average and which is slightly above the 200 day moving average of $12.48. The 50 day moving average was up by +2.40% and the 200 day average went up $1.24 or +9.97%.
Investors are feeling more bullish recently as inferred by the decrease in short interest. The stock recorded a fall in short interest of -0.91% between July 31, 2017 and August 15, 2017. Short interest decreased 64 over that period.
The Asia Pacific Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund?s investment objective is to achieve long-term capital appreciation through investment of at least 80% of investable assets in equity securities of companies in the Asia Pacific countries..
Additionally, here are a few investment firms who have increased or decreased their stake in (APB). Deschutes Portfolio Strategy, LLC reduced its stake by selling 4,788 shares a decrease of 2.7% in the quarter. Deschutes Portfolio Strategy, LLC currently owns 172,812 shares with a value of $2,247,000. The total value of its holdings increased 3.5%. Ubs Group Ag trimmed its holdings by shedding 601 shares a decrease of 30.2% from 03/31/2017 to 06/30/2017. Ubs Group Ag owns 1,386 shares worth $18,000. The value of the position overall is down by 25.0%.
Brinker Capital Inc cut its position by selling 975 shares a decrease of 2.6%. Brinker Capital Inc now controls 37,028 shares valued at $481,000. The value of the position overall is up by 3.4%. As of quarter end Ancora Advisors, LLC had disposed of a total of 15,983 shares trimming its stake by 95.7%. The value of the total investment in Asia Pacific Fund, Inc. (The) went from $204,000 to $9,000 a change of 95.6% since the last quarter.