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

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) saw a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 184,100 shares, a growth of 17.9% from the October 31st total of 156,100 shares. Based on an average daily volume of 353,700 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Aberdeen Total Dynamic Dividend Fund

Several institutional investors and hedge funds have recently bought and sold shares of AOD. Sanctuary Advisors LLC lifted its position in shares of Aberdeen Total Dynamic Dividend Fund by 18.9% during the 3rd quarter. Sanctuary Advisors LLC now owns 288,636 shares of the investment management company’s stock worth $2,514,000 after buying an additional 45,788 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new stake in shares of Aberdeen Total Dynamic Dividend Fund during the 3rd quarter valued at approximately $301,000. IHT Wealth Management LLC increased its position in Aberdeen Total Dynamic Dividend Fund by 53.8% during the 3rd quarter. IHT Wealth Management LLC now owns 164,165 shares of the investment management company’s stock worth $1,490,000 after purchasing an additional 57,398 shares in the last quarter. Pathstone Holdings LLC lifted its stake in Aberdeen Total Dynamic Dividend Fund by 23.9% in the 3rd quarter. Pathstone Holdings LLC now owns 2,978,244 shares of the investment management company’s stock valued at $27,110,000 after purchasing an additional 574,145 shares during the last quarter. Finally, Thrivent Financial for Lutherans acquired a new stake in Aberdeen Total Dynamic Dividend Fund in the third quarter valued at approximately $464,000.

Aberdeen Total Dynamic Dividend Fund Trading Down 0.1 %

NYSE:AOD traded down $0.01 during trading hours on Tuesday, reaching $8.73. 100,667 shares of the company were exchanged, compared to its average volume of 338,559. The business has a 50 day moving average of $8.88 and a 200 day moving average of $8.67. Aberdeen Total Dynamic Dividend Fund has a 1-year low of $7.73 and a 1-year high of $9.14.

Aberdeen Total Dynamic Dividend Fund Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 13.75%. The ex-dividend date of this dividend was Thursday, November 21st.