Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Short Interest Up 45.3% in December

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 881,210 shares, an increase of 45.3% from the December 15th total of 606,635 shares. Based on an average trading volume of 553,635 shares, the short-interest ratio is currently 1.6 days. Based on an average trading volume of 553,635 shares, the short-interest ratio is currently 1.6 days.

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. Allspring Global Investments Holdings LLC lifted its position in shares of Aberdeen Total Dynamic Dividend Fund by 0.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,347,407 shares of the investment management company’s stock worth $20,798,000 after purchasing an additional 18,691 shares during the period. Penserra Capital Management LLC lifted its holdings in Aberdeen Total Dynamic Dividend Fund by 5.0% in the third quarter. Penserra Capital Management LLC now owns 2,128,219 shares of the investment management company’s stock worth $20,132,000 after buying an additional 101,304 shares during the period. Waterfront Wealth Inc. boosted its position in Aberdeen Total Dynamic Dividend Fund by 6.8% during the 2nd quarter. Waterfront Wealth Inc. now owns 776,633 shares of the investment management company’s stock valued at $6,881,000 after acquiring an additional 49,541 shares in the last quarter. WNY Asset Management LLC boosted its position in Aberdeen Total Dynamic Dividend Fund by 15.3% during the 2nd quarter. WNY Asset Management LLC now owns 650,125 shares of the investment management company’s stock valued at $5,760,000 after acquiring an additional 86,181 shares in the last quarter. Finally, Guggenheim Capital LLC raised its position in shares of Aberdeen Total Dynamic Dividend Fund by 45.6% in the 2nd quarter. Guggenheim Capital LLC now owns 594,234 shares of the investment management company’s stock worth $5,265,000 after acquiring an additional 186,100 shares in the last quarter.

Aberdeen Total Dynamic Dividend Fund Trading Down 0.4%

Aberdeen Total Dynamic Dividend Fund stock opened at $9.97 on Friday. Aberdeen Total Dynamic Dividend Fund has a 1-year low of $6.99 and a 1-year high of $10.18. The firm has a 50-day moving average of $9.70 and a 200-day moving average of $9.40.

Aberdeen Total Dynamic Dividend Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 23rd will be issued a $0.10 dividend. The ex-dividend date is Friday, January 23rd. This represents a c) annualized dividend and a yield of 12.0%.

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.