Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Short Interest Up 27.0% in December

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

Aberdeen Total Dynamic Dividend Fund Trading Down 2.1 %

Aberdeen Total Dynamic Dividend Fund stock opened at $8.44 on Tuesday. The stock has a 50-day moving average price of $8.73 and a two-hundred day moving average price of $8.72. Aberdeen Total Dynamic Dividend Fund has a 12 month low of $7.73 and a 12 month high of $9.14.

Aberdeen Total Dynamic Dividend Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.20 annualized dividend and a yield of 14.22%.

Institutional Investors Weigh In On Aberdeen Total Dynamic Dividend Fund

Institutional investors have recently added to or reduced their stakes in the business. Waterfront Wealth Inc. lifted its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 2.8% during the second quarter. Waterfront Wealth Inc. now owns 825,484 shares of the investment management company’s stock worth $6,942,000 after purchasing an additional 22,227 shares during the period. Blue Bell Private Wealth Management LLC lifted its holdings in Aberdeen Total Dynamic Dividend Fund by 21.2% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 106,576 shares of the investment management company’s stock worth $896,000 after buying an additional 18,606 shares during the period. Choreo LLC bought a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the 2nd quarter valued at about $963,000. Vanguard Capital Wealth Advisors increased its stake in shares of Aberdeen Total Dynamic Dividend Fund by 10.3% in the second quarter. Vanguard Capital Wealth Advisors now owns 33,674 shares of the investment management company’s stock valued at $283,000 after buying an additional 3,158 shares during the period. Finally, Prevail Innovative Wealth Advisors LLC raised its position in shares of Aberdeen Total Dynamic Dividend Fund by 17.8% during the second quarter. Prevail Innovative Wealth Advisors LLC now owns 94,072 shares of the investment management company’s stock worth $791,000 after acquiring an additional 14,227 shares during the last quarter.