AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Short Interest Update

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 165 shares, a growth of 98.8% from the June 15th total of 83 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,372 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright ADR ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisortrust Partners LLC acquired a new stake in shares of AdvisorShares Dorsey Wright ADR ETF in the first quarter valued at about $60,000. Janney Montgomery Scott LLC boosted its position in AdvisorShares Dorsey Wright ADR ETF by 3.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,612 shares of the company’s stock worth $312,000 after acquiring an additional 107 shares during the last quarter. Equitable Holdings Inc. boosted its position in AdvisorShares Dorsey Wright ADR ETF by 6.9% during the third quarter. Equitable Holdings Inc. now owns 4,031 shares of the company’s stock worth $350,000 after acquiring an additional 260 shares during the last quarter. WealthShield Partners LLC grew its stake in AdvisorShares Dorsey Wright ADR ETF by 30.6% during the 1st quarter. WealthShield Partners LLC now owns 4,459 shares of the company’s stock valued at $364,000 after acquiring an additional 1,045 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in AdvisorShares Dorsey Wright ADR ETF during the 1st quarter valued at about $509,000.

AdvisorShares Dorsey Wright ADR ETF Price Performance

AADR remained flat at $82.22 during midday trading on Friday. 1,157 shares of the company’s stock traded hands, compared to its average volume of 2,953. The stock’s 50-day moving average price is $83.99 and its 200 day moving average price is $86.88. AdvisorShares Dorsey Wright ADR ETF has a fifty-two week low of $76.84 and a fifty-two week high of $98.38. The stock has a market cap of $41.11 million, a P/E ratio of 13.70 and a beta of 0.93.

AdvisorShares Dorsey Wright ADR ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Tuesday, June 23rd were paid a $0.4358 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $1.74 dividend on an annualized basis and a yield of 2.1%.

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.