abrdn Global Premier Properties Fund (NYSE:AWP) Short Interest Up 30.9% in October

abrdn Global Premier Properties Fund (NYSE:AWP) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 619,200 shares, an increase of 30.9% from the October 15th total of 473,200 shares. Based on an average daily volume of 278,400 shares, the days-to-cover ratio is currently 2.2 days.

Institutional Investors Weigh In On abrdn Global Premier Properties Fund

Large investors have recently made changes to their positions in the stock. Penserra Capital Management LLC bought a new stake in shares of abrdn Global Premier Properties Fund during the 3rd quarter valued at $11,195,000. IHT Wealth Management LLC raised its position in shares of abrdn Global Premier Properties Fund by 67.0% in the 3rd quarter. IHT Wealth Management LLC now owns 190,441 shares of the investment management company’s stock valued at $876,000 after buying an additional 76,434 shares in the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of abrdn Global Premier Properties Fund by 125.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 180,672 shares of the investment management company’s stock worth $835,000 after acquiring an additional 100,600 shares during the period. Private Advisor Group LLC boosted its position in shares of abrdn Global Premier Properties Fund by 17.2% during the 3rd quarter. Private Advisor Group LLC now owns 151,002 shares of the investment management company’s stock worth $698,000 after acquiring an additional 22,149 shares in the last quarter. Finally, OneAscent Financial Services LLC increased its stake in abrdn Global Premier Properties Fund by 3.9% in the third quarter. OneAscent Financial Services LLC now owns 149,067 shares of the investment management company’s stock valued at $689,000 after acquiring an additional 5,622 shares during the last quarter.

abrdn Global Premier Properties Fund Stock Performance

AWP stock opened at $4.16 on Friday. abrdn Global Premier Properties Fund has a twelve month low of $3.51 and a twelve month high of $4.68. The business has a fifty day moving average of $4.41 and a 200-day moving average of $4.12.

abrdn Global Premier Properties Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Thursday, November 21st will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 11.54%.

abrdn Global Premier Properties Fund Company Profile

Abrdn Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies.