Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Short Interest Down 41.3% in January

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 517,510 shares, a drop of 41.3% from the December 31st total of 881,210 shares. Based on an average daily volume of 586,345 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 586,345 shares, the short-interest ratio is currently 0.9 days.

Aberdeen Total Dynamic Dividend Fund Stock Down 0.1%

AOD stock traded down $0.01 during trading on Friday, reaching $9.99. 569,950 shares of the stock were exchanged, compared to its average volume of 561,013. Aberdeen Total Dynamic Dividend Fund has a twelve month low of $6.99 and a twelve month high of $10.18. The stock has a 50 day simple moving average of $9.82 and a 200-day simple moving average of $9.47.

Aberdeen Total Dynamic Dividend Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 23rd were given a $0.10 dividend. This represents a c) annualized dividend and a yield of 12.0%. The ex-dividend date of this dividend was Friday, January 23rd.

Hedge Funds Weigh In On Aberdeen Total Dynamic Dividend Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC bought a new position in shares of Aberdeen Total Dynamic Dividend Fund during the first quarter valued at $85,000. CWM LLC increased its holdings in Aberdeen Total Dynamic Dividend Fund by 14.1% in the fourth quarter. CWM LLC now owns 9,443 shares of the investment management company’s stock valued at $92,000 after purchasing an additional 1,166 shares during the last quarter. Modera Wealth Management LLC bought a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the 2nd quarter valued at about $97,000. Syverson Strege & Co acquired a new position in Aberdeen Total Dynamic Dividend Fund during the third quarter valued at approximately $97,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Aberdeen Total Dynamic Dividend Fund by 242.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 11,411 shares of the investment management company’s stock valued at $101,000 after purchasing an additional 8,080 shares in the last quarter.

Aberdeen Total Dynamic Dividend Fund Company Profile

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) is an actively managed exchange-traded fund that seeks to provide a high level of current income combined with the potential for capital appreciation. Structured as an open-end management investment company, AOD invests primarily in a diversified portfolio of dividend-paying common stocks across global markets. The fund pursues its objective by selecting companies that demonstrate the ability to sustain and grow their dividends over time.

The fund employs a dynamic weighting methodology designed to emphasize securities with favorable dividend growth prospects, dividend stability metrics and attractive valuation characteristics.