November 23, 2016 - By Adrian Mccoy · 0 Comments
The stock of Asia Tigers Fund Incorporated (NYSE:GRR) registered a decrease of 29.31% in short interest. GRR’s total short interest was 8,200 shares in November as published by FINRA. Its down 29.31% from 11,600 shares, reported previously. With 1,700 shares average volume, it will take short sellers 5 days to cover their GRR’s short positions. The stock increased 0.84% or $0.08 on November 22, hitting $9.23. The Asia Tigers Fund, Inc. (NYSE:GRR) has declined 1.60% since April 21, 2016 and is downtrending. It has underperformed by 6.93% the S&P500.
The Asia Tigers Fund, Inc. is a diversified, closed-end management investment company. The company has a market cap of $32.24 million. The Fund’s investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in equity securities of Asian companies. It currently has negative earnings. The Fund invests in various sectors, such as financials, information technology, industrials, telecommunication services, materials, consumer staples, consumer discretionary, energy, real estate management and development, automobiles, aerospace and defense, semiconductors and semiconductor equipment, food and staples retailing, textiles, apparel and luxury goods, and insurance.
Insitutional Activity: The institutional sentiment increased to 1.4 in Q2 2016. Its up 0.60, from 0.8 in 2016Q1. The ratio improved, as 3 funds sold all The Asia Tigers Fund, Inc. shares owned while 2 reduced positions. 2 funds bought stakes while 2 increased positions. They now own 1.39 million shares or 3.51% more from 1.34 million shares in 2016Q1.
Doliver Capital holds 0.08% or 10,077 shares in its portfolio. Gramercy Funds Management Ltd Com last reported 0.01% of its portfolio in the stock. 1607 Capital Prns Ltd Liability reported 177,961 shares or 0.12% of all its holdings. Moreover, Alexandria Capital Lc has 0% invested in The Asia Tigers Fund, Inc. (NYSE:GRR) for 1 shares. Royal Bankshares Of Canada holds 0% of its portfolio in The Asia Tigers Fund, Inc. (NYSE:GRR) for 5,514 shares. Citigroup Inc last reported 18,314 shares in the company. Bulldog Invsts Lc has 14,791 shares for 0.04% of their US portfolio. Wells Fargo Mn has 1,979 shares for 0% of their US portfolio. Blair William And Il accumulated 0% or 27,241 shares. Morgan Stanley last reported 331 shares in the company. City Of London Inv Management Limited has invested 0.86% of its portfolio in The Asia Tigers Fund, Inc. (NYSE:GRR). Blue Bell Private Wealth Mngmt Ltd Llc last reported 0.01% of its portfolio in the stock.
The Asia Tigers Fund, Inc. (the Fund), incorporated on September 23, 1993, is a closed-end, non-diversified management investment company. The Fundâ€™s investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in equity securities of Asian companies.
More important recent The Asia Tigers Fund, Inc. (NYSE:GRR) news were published by: Prnewswire.com which released: “The Asia Tigers Fund, Inc. Announces Performance Data And Portfolio Composition” on November 21, 2016, also Prnewswire.com published article titled: “The Asia Tigers Fund, Inc. Announces Election Of Nancy Yao Maasbach As Director”, Prnewswire.com published: “The Asia Tigers Fund, Inc. Announces Appointment of Nisha Kumar as Director” on January 04, 2016. More interesting news about The Asia Tigers Fund, Inc. (NYSE:GRR) was released by: Prnewswire.com and their article: “Top Rated Aberdeen Asia-Pacific Income Fund, Inc. Featured in Morningstar Report” with publication date: August 23, 2012.
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By Adrian Mccoy