Short Interest in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Decreases By 84.6%

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 83 shares, a drop of 84.6% from the May 31st total of 539 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 1,923 shares, the short-interest ratio is presently 0.0 days.

AdvisorShares Dorsey Wright ADR ETF Trading Down 0.0%

Shares of AADR stock opened at $81.40 on Friday. The company has a market capitalization of $43.96 million, a price-to-earnings ratio of 13.70 and a beta of 0.93. AdvisorShares Dorsey Wright ADR ETF has a 1-year low of $76.84 and a 1-year high of $98.38. The stock’s fifty day simple moving average is $84.58 and its 200-day simple moving average is $87.18.

AdvisorShares Dorsey Wright ADR ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Tuesday, June 23rd will be given a dividend of $0.4358 per share. The ex-dividend date is Tuesday, June 23rd. This represents a $1.74 dividend on an annualized basis and a yield of 2.1%.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright ADR ETF

Large investors have recently made changes to their positions in the business. Virtu Financial LLC acquired a new stake in shares of AdvisorShares Dorsey Wright ADR ETF during the fourth quarter worth approximately $861,000. LPL Financial LLC increased its stake in AdvisorShares Dorsey Wright ADR ETF by 19.2% in the 4th quarter. LPL Financial LLC now owns 16,601 shares of the company’s stock valued at $1,432,000 after buying an additional 2,673 shares during the period. WealthShield Partners LLC increased its stake in AdvisorShares Dorsey Wright ADR ETF by 30.6% in the 1st quarter. WealthShield Partners LLC now owns 4,459 shares of the company’s stock valued at $364,000 after buying an additional 1,045 shares during the period. Advisortrust Partners LLC purchased a new stake in AdvisorShares Dorsey Wright ADR ETF in the 1st quarter worth approximately $60,000. Finally, Janney Montgomery Scott LLC lifted its position in AdvisorShares Dorsey Wright ADR ETF by 3.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,612 shares of the company’s stock worth $312,000 after buying an additional 107 shares in the last quarter.

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.