Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Sees Significant Increase in Short Interest

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 91,200 shares, an increase of 27.0% from the November 30th total of 71,800 shares. Based on an average trading volume of 391,100 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Aberdeen Total Dynamic Dividend Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pathstone Holdings LLC increased its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 23.9% in the 3rd quarter. Pathstone Holdings LLC now owns 2,978,244 shares of the investment management company’s stock valued at $27,110,000 after acquiring an additional 574,145 shares during the period. Waterfront Wealth Inc. increased its stake in Aberdeen Total Dynamic Dividend Fund by 2.8% in the second quarter. Waterfront Wealth Inc. now owns 825,484 shares of the investment management company’s stock valued at $6,942,000 after purchasing an additional 22,227 shares during the period. Cornerstone Advisors LLC raised its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 71.1% in the second quarter. Cornerstone Advisors LLC now owns 782,834 shares of the investment management company’s stock valued at $6,584,000 after buying an additional 325,283 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 17.8% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 441,862 shares of the investment management company’s stock worth $4,021,000 after buying an additional 66,808 shares during the period. Finally, Logan Stone Capital LLC grew its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 40.9% during the second quarter. Logan Stone Capital LLC now owns 318,630 shares of the investment management company’s stock worth $2,680,000 after buying an additional 92,414 shares during the last quarter.

Aberdeen Total Dynamic Dividend Fund Stock Performance

NYSE AOD opened at $8.44 on Tuesday. The company has a fifty day moving average of $8.73 and a two-hundred day moving average of $8.72. Aberdeen Total Dynamic Dividend Fund has a 1 year low of $7.73 and a 1 year high of $9.14.

Aberdeen Total Dynamic Dividend Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 10th. Investors of record on Monday, December 30th will be paid a dividend of $0.10 per share. The ex-dividend date is Monday, December 30th. This represents a $1.20 dividend on an annualized basis and a yield of 14.22%.