Abrdn Healthcare Investors (NYSE:HQH) Short Interest Update

Abrdn Healthcare Investors (NYSE:HQH) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 69,900 shares, an increase of 25.3% from the November 30th total of 55,800 shares. Based on an average daily volume of 181,600 shares, the short-interest ratio is presently 0.4 days.

Abrdn Healthcare Investors Price Performance

HQH opened at $16.19 on Tuesday. The company’s 50 day moving average price is $17.52 and its two-hundred day moving average price is $18.11. Abrdn Healthcare Investors has a fifty-two week low of $15.76 and a fifty-two week high of $19.79.

Abrdn Healthcare Investors Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Investors of record on Thursday, November 21st will be issued a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 15.32%. This is an increase from Abrdn Healthcare Investors’s previous quarterly dividend of $0.59. The ex-dividend date is Thursday, November 21st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of HQH. Truvestments Capital LLC acquired a new position in shares of Abrdn Healthcare Investors in the 3rd quarter worth approximately $46,000. Northwest Investment Counselors LLC bought a new stake in Abrdn Healthcare Investors during the third quarter valued at $57,000. TD Private Client Wealth LLC acquired a new stake in Abrdn Healthcare Investors during the 3rd quarter worth about $66,000. EverSource Wealth Advisors LLC bought a new position in shares of Abrdn Healthcare Investors in the 2nd quarter worth about $93,000. Finally, Rothschild Investment LLC acquired a new position in shares of Abrdn Healthcare Investors in the 2nd quarter valued at about $101,000. 32.60% of the stock is owned by institutional investors and hedge funds.

About Abrdn Healthcare Investors

Abrdn Healthcare Investors is a closed-ended equity mutual fund launched and managed by abrdn Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the healthcare sector, including the biotechnology, medical devices, and pharmaceuticals industries.