Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Short Interest Up 247.7% in October

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 156,100 shares, an increase of 247.7% from the October 15th total of 44,900 shares. Based on an average trading volume of 381,000 shares, the short-interest ratio is currently 0.4 days.

Aberdeen Total Dynamic Dividend Fund Stock Performance

AOD stock traded down $0.02 during mid-day trading on Wednesday, hitting $8.74. The stock had a trading volume of 235,458 shares, compared to its average volume of 339,282. Aberdeen Total Dynamic Dividend Fund has a 1-year low of $7.64 and a 1-year high of $9.14. The company has a fifty day moving average of $8.92 and a 200 day moving average of $8.62.

Aberdeen Total Dynamic Dividend Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be paid a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 13.73%. The ex-dividend date is Thursday, November 21st.

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

Large investors have recently made changes to their positions in the stock. Atomi Financial Group Inc. increased its position in Aberdeen Total Dynamic Dividend Fund by 43.8% in the 2nd quarter. Atomi Financial Group Inc. now owns 16,944 shares of the investment management company’s stock worth $142,000 after buying an additional 5,158 shares during the period. Calamos Advisors LLC increased its position in Aberdeen Total Dynamic Dividend Fund by 46.5% during the second quarter. Calamos Advisors LLC now owns 42,156 shares of the investment management company’s stock worth $355,000 after acquiring an additional 13,377 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Aberdeen Total Dynamic Dividend Fund by 3.2% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 48,939 shares of the investment management company’s stock valued at $412,000 after purchasing an additional 1,509 shares during the last quarter. Cetera Advisors LLC bought a new stake in Aberdeen Total Dynamic Dividend Fund in the 1st quarter valued at $126,000. Finally, Hennion & Walsh Asset Management Inc. grew its position in Aberdeen Total Dynamic Dividend Fund by 33.2% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 375,054 shares of the investment management company’s stock worth $3,154,000 after purchasing an additional 93,574 shares during the last quarter.