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

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 124,104 shares, a decrease of 83.7% from the February 26th total of 762,838 shares. Based on an average trading volume of 869,334 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 869,334 shares, the short-interest ratio is currently 0.1 days.

Aberdeen Total Dynamic Dividend Fund Trading Down 1.9%

Shares of Aberdeen Total Dynamic Dividend Fund stock traded down $0.19 on Tuesday, hitting $9.47. 509,483 shares of the company were exchanged, compared to its average volume of 617,330. The company has a 50-day moving average price of $10.06 and a 200 day moving average price of $9.74. Aberdeen Total Dynamic Dividend Fund has a 1-year low of $6.99 and a 1-year high of $10.77.

Aberdeen Total Dynamic Dividend Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th will be given a dividend of $0.11 per share. The ex-dividend date is Tuesday, March 24th. This is a positive change from Aberdeen Total Dynamic Dividend Fund’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 13.9%.

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

Several large investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC purchased a new position in shares of Aberdeen Total Dynamic Dividend Fund during the 1st quarter worth $85,000. CWM LLC grew its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 14.1% in the fourth quarter. CWM LLC now owns 9,443 shares of the investment management company’s stock valued at $92,000 after purchasing an additional 1,166 shares during the period. Syverson Strege & Co purchased a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the third quarter valued at about $97,000. Northwestern Mutual Wealth Management Co. increased its position in Aberdeen Total Dynamic Dividend Fund by 242.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 11,411 shares of the investment management company’s stock worth $101,000 after purchasing an additional 8,080 shares during the last quarter. Finally, Quarry LP acquired a new stake in Aberdeen Total Dynamic Dividend Fund during the fourth quarter worth about $103,000.

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.