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

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 298,200 shares, a decline of 23.2% from the February 13th total of 388,300 shares. Based on an average daily trading volume, of 538,200 shares, the short-interest ratio is currently 0.6 days.

Aberdeen Total Dynamic Dividend Fund Stock Down 0.2 %

Aberdeen Total Dynamic Dividend Fund stock traded down $0.02 during mid-day trading on Tuesday, hitting $8.57. The company’s stock had a trading volume of 318,737 shares, compared to its average volume of 396,552. Aberdeen Total Dynamic Dividend Fund has a 52-week low of $7.73 and a 52-week high of $9.14. The firm’s 50 day moving average is $8.64 and its 200 day moving average is $8.74.

Aberdeen Total Dynamic Dividend Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th will be paid a $0.10 dividend. The ex-dividend date is Tuesday, March 25th. This represents a $1.20 annualized dividend and a yield of 14.01%.

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

Several hedge funds and other institutional investors have recently modified their holdings of the company. Pathstone Holdings LLC grew its stake in shares of 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 buying an additional 574,145 shares in the last quarter. CF Capital LLC acquired a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the fourth quarter valued at about $3,448,000. Sit Investment Associates Inc. increased its position in Aberdeen Total Dynamic Dividend Fund by 189.2% in the 4th quarter. Sit Investment Associates Inc. now owns 529,152 shares of the investment management company’s stock worth $4,450,000 after buying an additional 346,177 shares during the period. Raymond James Financial Inc. bought a new position in Aberdeen Total Dynamic Dividend Fund during the fourth quarter worth $2,702,000. Finally, Absolute Investment Advisers LLC bought a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the fourth quarter valued at about $1,562,000.