Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Short Interest Up 115.0% in December

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

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Capital Wealth Advisors increased its position in shares of Aberdeen Total Dynamic Dividend Fund by 11.1% during the third quarter. Vanguard Capital Wealth Advisors now owns 37,398 shares of the investment management company’s stock valued at $340,000 after buying an additional 3,724 shares during the period. CWM LLC boosted its holdings in Aberdeen Total Dynamic Dividend Fund by 18.0% in the 3rd quarter. CWM LLC now owns 9,162 shares of the investment management company’s stock valued at $83,000 after purchasing an additional 1,398 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of Aberdeen Total Dynamic Dividend Fund by 17.8% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 441,862 shares of the investment management company’s stock valued at $4,021,000 after purchasing an additional 66,808 shares in the last quarter. Heritage Wealth Management Inc. CA increased its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 9.9% in the third quarter. Heritage Wealth Management Inc. CA now owns 18,290 shares of the investment management company’s stock worth $166,000 after purchasing an additional 1,644 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Aberdeen Total Dynamic Dividend Fund in the third quarter worth $31,000.

Aberdeen Total Dynamic Dividend Fund Stock Up 0.5 %

Aberdeen Total Dynamic Dividend Fund stock traded up $0.05 during mid-day trading on Thursday, reaching $8.67. The company’s stock had a trading volume of 720,584 shares, compared to its average volume of 539,788. The firm’s fifty day moving average price is $8.63 and its two-hundred day moving average price is $8.72. Aberdeen Total Dynamic Dividend Fund has a 12-month low of $7.73 and a 12-month high of $9.14.

Aberdeen Total Dynamic Dividend Fund Announces Dividend

The business also recently declared 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 13.85%. The ex-dividend date of this dividend is Friday, January 24th.