abrdn Global Premier Properties Fund (NYSE:AWP) Short Interest Down 56.0% in July

abrdn Global Premier Properties Fund (NYSE:AWP) saw a significant decrease in short interest in July. As of July 15th, there was short interest totalling 262,700 shares, a decrease of 56.0% from the June 30th total of 597,300 shares. Based on an average trading volume of 345,600 shares, the short-interest ratio is currently 0.8 days.

abrdn Global Premier Properties Fund Stock Down 1.0 %

Shares of AWP traded down $0.04 during midday trading on Friday, reaching $4.02. 490,282 shares of the stock were exchanged, compared to its average volume of 330,973. abrdn Global Premier Properties Fund has a twelve month low of $3.06 and a twelve month high of $4.22. The business’s 50-day moving average price is $3.84 and its 200 day moving average price is $3.78.

abrdn Global Premier Properties Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 24th will be paid a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 11.94%. The ex-dividend date of this dividend is Wednesday, July 24th.

Institutional Trading of abrdn Global Premier Properties Fund

Large investors have recently bought and sold shares of the business. Atomi Financial Group Inc. purchased a new position in abrdn Global Premier Properties Fund during the 2nd quarter worth $40,000. Cetera Advisors LLC purchased a new position in abrdn Global Premier Properties Fund during the first quarter worth about $119,000. Virtu Financial LLC acquired a new stake in abrdn Global Premier Properties Fund in the first quarter valued at about $95,000. SVB Wealth LLC purchased a new stake in abrdn Global Premier Properties Fund in the 1st quarter valued at approximately $41,000. Finally, Oppenheimer & Co. Inc. increased its position in abrdn Global Premier Properties Fund by 3.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 179,765 shares of the investment management company’s stock worth $712,000 after purchasing an additional 5,341 shares during the period.

abrdn Global Premier Properties Fund Company Profile

Abrdn Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies.