Short Interest in Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Expands By 27.0%

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

Institutional Investors Weigh In On Aberdeen Total Dynamic Dividend Fund

A number of institutional investors have recently bought and sold shares of AOD. Pathstone Holdings LLC raised its stake in Aberdeen Total Dynamic Dividend Fund by 23.9% during the third quarter. Pathstone Holdings LLC now owns 2,978,244 shares of the investment management company’s stock worth $27,110,000 after purchasing an additional 574,145 shares during the period. Cornerstone Advisors LLC increased its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 71.1% during the 2nd quarter. Cornerstone Advisors LLC now owns 782,834 shares of the investment management company’s stock worth $6,584,000 after buying an additional 325,283 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Aberdeen Total Dynamic Dividend Fund in the 2nd quarter worth $1,952,000. Choreo LLC acquired a new position in Aberdeen Total Dynamic Dividend Fund in the second quarter valued at $963,000. Finally, Logan Stone Capital LLC grew its position in 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 valued at $2,680,000 after acquiring an additional 92,414 shares during the period.

Aberdeen Total Dynamic Dividend Fund Stock Down 0.9 %

NYSE:AOD traded down $0.08 during mid-day trading on Friday, reaching $8.62. The company’s stock had a trading volume of 392,489 shares, compared to its average volume of 351,649. The company’s fifty day simple moving average is $8.73 and its two-hundred day simple moving average is $8.71. Aberdeen Total Dynamic Dividend Fund has a twelve month low of $7.73 and a twelve month 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 10th. Investors of record on Monday, December 30th will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, December 30th. This represents a $1.20 annualized dividend and a dividend yield of 13.92%.