Short Interest in Abrdn Income Credit Strategies Fund (NYSE:ACP) Decreases By 36.6%

Posted by Stanley Muller on Aug 20th, 2026

Abrdn Income Credit Strategies Fund (NYSE:ACP – Get Free Report) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 158,219 shares, a drop of 36.6% from the July 15th total of 249,490 shares. Based on an average trading volume of 637,233 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ACP. BNP Paribas Financial Markets bought a new stake in shares of Abrdn Income Credit Strategies Fund during the 3rd quarter valued at about $37,000. Bank of America Corp DE lifted its holdings in Abrdn Income Credit Strategies Fund by 354.9% in the third quarter. Bank of America Corp DE now owns 6,651 shares of the investment management company’s stock worth $39,000 after acquiring an additional 5,189 shares during the last quarter. Advisory Services Network LLC acquired a new position in Abrdn Income Credit Strategies Fund in the third quarter valued at approximately $42,000. McIlrath & Eck LLC boosted its stake in Abrdn Income Credit Strategies Fund by 156.4% in the first quarter. McIlrath & Eck LLC now owns 9,098 shares of the investment management company’s stock valued at $46,000 after acquiring an additional 5,549 shares during the period. Finally, PFG Investments LLC bought a new position in shares of Abrdn Income Credit Strategies Fund during the first quarter valued at approximately $52,000.

Abrdn Income Credit Strategies Fund Price Performance

Shares of Abrdn Income Credit Strategies Fund stock opened at $5.20 on Thursday. The business has a 50-day moving average price of $5.18 and a 200 day moving average price of $5.31. Abrdn Income Credit Strategies Fund has a fifty-two week low of $4.99 and a fifty-two week high of $5.99.

Abrdn Income Credit Strategies Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be paid a dividend of $0.0775 per share. The ex-dividend date is Monday, August 24th. This represents a c) annualized dividend and a yield of 17.9%.

Abrdn Income Credit Strategies Fund Company Profile

(Get Free Report)

Abrdn Income Credit Strategies Fund (NYSE: ACP) is a diversified, closed-end management investment company that seeks to provide investors with high current income and capital appreciation. The fund primarily invests in a broad range of credit instruments, including investment-grade corporate bonds, high-yield debt, bank loans and emerging-market debt securities. To enhance returns, the fund may employ leverage and use derivatives for hedging or efficient portfolio management.

The fund’s investment approach combines top-down credit allocation with bottom-up security selection.