Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Short Interest Down 37.0% in March

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 188,000 shares, a decrease of 37.0% from the February 28th total of 298,200 shares. Based on an average trading volume of 511,100 shares, the short-interest ratio is presently 0.4 days.

Aberdeen Total Dynamic Dividend Fund Price Performance

AOD traded up $0.00 during trading on Monday, hitting $8.38. The stock had a trading volume of 545,857 shares, compared to its average volume of 403,913. The stock has a 50 day simple moving average of $8.64 and a two-hundred day simple moving average of $8.72. 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 Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, March 25th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 14.31%.

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

Several large investors have recently bought and sold shares of AOD. Thrivent Financial for Lutherans acquired a new stake in Aberdeen Total Dynamic Dividend Fund during the 3rd quarter valued at approximately $464,000. IHT Wealth Management LLC grew its position in Aberdeen Total Dynamic Dividend Fund by 53.8% during the third quarter. IHT Wealth Management LLC now owns 164,165 shares of the investment management company’s stock valued at $1,490,000 after buying an additional 57,398 shares during the period. Kovitz Investment Group Partners LLC purchased a new position in Aberdeen Total Dynamic Dividend Fund in the third quarter valued at $301,000. Sanctuary Advisors LLC raised its position in shares of Aberdeen Total Dynamic Dividend Fund by 18.9% in the third quarter. Sanctuary Advisors LLC now owns 288,636 shares of the investment management company’s stock worth $2,514,000 after acquiring an additional 45,788 shares during the period. Finally, SK Wealth Management LLC acquired a new stake in shares of Aberdeen Total Dynamic Dividend Fund during the 3rd quarter valued at about $105,000.