AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Short Interest Down 35.1% in December

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,252 shares, a decline of 35.1% from the December 15th total of 1,928 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 1,254 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily volume of 1,254 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Trading of AdvisorShares Dorsey Wright ADR ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in AdvisorShares Dorsey Wright ADR ETF during the second quarter worth approximately $62,000. McCarthy & Cox purchased a new position in shares of AdvisorShares Dorsey Wright ADR ETF during the third quarter worth approximately $202,000. Barometer Capital Management Inc. purchased a new position in shares of AdvisorShares Dorsey Wright ADR ETF during the third quarter worth approximately $234,000. WealthShield Partners LLC acquired a new position in shares of AdvisorShares Dorsey Wright ADR ETF in the 3rd quarter valued at $290,000. Finally, CW Advisors LLC purchased a new stake in AdvisorShares Dorsey Wright ADR ETF in the 2nd quarter valued at $349,000.

AdvisorShares Dorsey Wright ADR ETF Stock Up 0.9%

Shares of AdvisorShares Dorsey Wright ADR ETF stock opened at $92.68 on Friday. AdvisorShares Dorsey Wright ADR ETF has a 52 week low of $61.52 and a 52 week high of $93.10. The firm’s 50 day moving average is $86.21 and its two-hundred day moving average is $83.78. The firm has a market capitalization of $50.97 million, a P/E ratio of 13.70 and a beta of 0.93.

AdvisorShares Dorsey Wright ADR ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.1055 per share. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from AdvisorShares Dorsey Wright ADR ETF’s previous quarterly dividend of $0.10. This represents a $0.42 annualized dividend and a dividend yield of 0.5%.

About AdvisorShares Dorsey Wright ADR ETF

The AdvisorShares Dorsey Wright ADR ETF (AADR) is an exchange-traded fund that is based on the BNY Mellon Classic ADR index. The fund is an actively managed ETF that aims to outperform the international markets outside the US by holding ADRs with high relative strength. AADR was launched on Jul 20, 2010 and is managed by m.