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

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 204,800 shares, an increase of 198.1% from the July 31st total of 68,700 shares. Based on an average trading volume of 408,300 shares, the days-to-cover ratio is currently 0.5 days.

Aberdeen Total Dynamic Dividend Fund Stock Performance

AOD traded up $0.09 during trading hours on Thursday, hitting $8.91. 516,443 shares of the company’s stock were exchanged, compared to its average volume of 333,515. Aberdeen Total Dynamic Dividend Fund has a 1-year low of $7.01 and a 1-year high of $8.98. The stock’s 50-day moving average is $8.56 and its two-hundred day moving average is $8.31.

Aberdeen Total Dynamic Dividend Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 23rd will be issued a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 13.47%. The ex-dividend date is Friday, August 23rd.

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Atticus Wealth Management LLC raised its position in Aberdeen Total Dynamic Dividend Fund by 37.4% during the second quarter. Atticus Wealth Management LLC now owns 5,343 shares of the investment management company’s stock worth $45,000 after acquiring an additional 1,453 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Aberdeen Total Dynamic Dividend Fund by 787.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,778 shares of the investment management company’s stock worth $49,000 after purchasing an additional 5,127 shares during the last quarter. ORG Partners LLC bought a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the 1st quarter valued at about $69,000. Avantax Advisory Services Inc. acquired a new stake in Aberdeen Total Dynamic Dividend Fund in the 4th quarter valued at about $92,000. Finally, Nomura Holdings Inc. bought a new position in Aberdeen Total Dynamic Dividend Fund during the fourth quarter worth about $94,000.