Short Interest in Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Rises By 17.9%

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 184,100 shares, a growth of 17.9% from the October 31st total of 156,100 shares. Based on an average daily volume of 353,700 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Aberdeen Total Dynamic Dividend Fund

Several institutional investors and hedge funds have recently made changes to their positions in AOD. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Aberdeen Total Dynamic Dividend Fund in the 3rd quarter worth approximately $31,000. Atticus Wealth Management LLC grew its position in Aberdeen Total Dynamic Dividend Fund by 37.4% in the 2nd quarter. Atticus Wealth Management LLC now owns 5,343 shares of the investment management company’s stock worth $45,000 after purchasing an additional 1,453 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Aberdeen Total Dynamic Dividend Fund by 787.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,778 shares of the investment management company’s stock worth $49,000 after purchasing an additional 5,127 shares during the period. CWM LLC boosted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 18.0% during the 3rd quarter. CWM LLC now owns 9,162 shares of the investment management company’s stock worth $83,000 after acquiring an additional 1,398 shares during the last quarter. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of Aberdeen Total Dynamic Dividend Fund during the 3rd quarter worth $113,000.

Aberdeen Total Dynamic Dividend Fund Stock Down 0.2 %

Shares of NYSE AOD opened at $8.72 on Tuesday. The company has a 50 day simple moving average of $8.88 and a two-hundred day simple moving average of $8.67. Aberdeen Total Dynamic Dividend Fund has a fifty-two week low of $7.73 and a fifty-two week high of $9.14.

Aberdeen Total Dynamic Dividend Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 21st were given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a dividend yield of 13.76%. The ex-dividend date of this dividend was Thursday, November 21st.