Short Interest in Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Increases By 115.0%

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 196,100 shares, a growth of 115.0% from the December 15th total of 91,200 shares. Based on an average daily volume of 399,000 shares, the short-interest ratio is currently 0.5 days.

Aberdeen Total Dynamic Dividend Fund Stock Down 0.1 %

Shares of AOD stock traded down $0.01 during mid-day trading on Tuesday, reaching $8.51. 604,122 shares of the company were exchanged, compared to its average volume of 502,053. The business’s 50 day simple moving average is $8.64 and its 200 day simple moving average is $8.72. 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 Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 24th will be given a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 14.11%. The ex-dividend date of this dividend is Friday, January 24th.

Institutional Investors Weigh In On Aberdeen Total Dynamic Dividend Fund

Institutional investors have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Aberdeen Total Dynamic Dividend Fund during the third quarter worth $31,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Aberdeen Total Dynamic Dividend Fund by 787.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,778 shares of the investment management company’s stock valued at $49,000 after buying an additional 5,127 shares during the last quarter. CWM LLC raised its stake in Aberdeen Total Dynamic Dividend Fund by 18.0% during the third 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 period. SK Wealth Management LLC bought a new position in Aberdeen Total Dynamic Dividend Fund in the third quarter worth about $105,000. Finally, SeaCrest Wealth Management LLC acquired a new position in Aberdeen Total Dynamic Dividend Fund in the fourth quarter valued at approximately $112,000.