Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Short Interest Update

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 91,200 shares, an increase of 27.0% from the November 30th total of 71,800 shares. Based on an average daily volume of 391,100 shares, the days-to-cover ratio is presently 0.2 days.

Aberdeen Total Dynamic Dividend Fund Trading Down 0.9 %

Shares of AOD stock traded down $0.08 during mid-day trading on Friday, reaching $8.62. The stock had a trading volume of 392,489 shares, compared to its average volume of 351,649. Aberdeen Total Dynamic Dividend Fund has a 12-month low of $7.73 and a 12-month high of $9.14. The business has a 50-day simple moving average of $8.73 and a 200 day simple moving average of $8.71.

Aberdeen Total Dynamic Dividend Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a yield of 13.92%. The ex-dividend date of this dividend is Monday, December 30th.

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. Pathstone Holdings LLC boosted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 23.9% during the third quarter. Pathstone Holdings LLC now owns 2,978,244 shares of the investment management company’s stock valued at $27,110,000 after acquiring an additional 574,145 shares during the last quarter. Cornerstone Advisors LLC lifted its holdings in Aberdeen Total Dynamic Dividend Fund by 71.1% in the 2nd quarter. Cornerstone Advisors LLC now owns 782,834 shares of the investment management company’s stock valued at $6,584,000 after purchasing an additional 325,283 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Aberdeen Total Dynamic Dividend Fund during the 2nd quarter worth about $1,952,000. Choreo LLC purchased a new stake in shares of Aberdeen Total Dynamic Dividend Fund during the second quarter worth about $963,000. Finally, Logan Stone Capital LLC raised its position in shares of Aberdeen Total Dynamic Dividend Fund by 40.9% in the second quarter. Logan Stone Capital LLC now owns 318,630 shares of the investment management company’s stock valued at $2,680,000 after buying an additional 92,414 shares during the last quarter.