Abrdn Healthcare Opportunities Fund (NYSE:THQ) Short Interest Update

Abrdn Healthcare Opportunities Fund (NYSE:THQ) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 338,500 shares, a growth of 19.7% from the March 15th total of 282,900 shares. Based on an average daily trading volume, of 146,900 shares, the short-interest ratio is presently 2.3 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC boosted its position in Abrdn Healthcare Opportunities Fund by 4.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 31,661 shares of the company’s stock valued at $597,000 after buying an additional 1,382 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in shares of Abrdn Healthcare Opportunities Fund in the 4th quarter worth about $885,000. PFG Investments LLC increased its stake in shares of Abrdn Healthcare Opportunities Fund by 3.7% during the fourth quarter. PFG Investments LLC now owns 19,808 shares of the company’s stock valued at $374,000 after purchasing an additional 706 shares in the last quarter. Calamos Advisors LLC increased its position in Abrdn Healthcare Opportunities Fund by 2.5% during the 4th quarter. Calamos Advisors LLC now owns 26,108 shares of the company’s stock valued at $493,000 after buying an additional 636 shares in the last quarter. Finally, Leavell Investment Management Inc. increased its stake in Abrdn Healthcare Opportunities Fund by 9.3% during the 4th quarter. Leavell Investment Management Inc. now owns 11,731 shares of the company’s stock valued at $223,000 after purchasing an additional 1,000 shares in the last quarter.

Abrdn Healthcare Opportunities Fund Trading Down 0.5 %

THQ stock opened at $18.98 on Monday. Abrdn Healthcare Opportunities Fund has a 1 year low of $17.42 and a 1 year high of $22.60. The stock has a 50-day moving average price of $20.15 and a two-hundred day moving average price of $20.32.

Abrdn Healthcare Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 23rd will be paid a $0.18 dividend. This represents a $2.16 annualized dividend and a dividend yield of 11.38%. The ex-dividend date of this dividend is Wednesday, April 23rd.

About Abrdn Healthcare Opportunities Fund

Tekla Healthcare Opportunities Fund is a closed ended balanced mutual fund launched and managed by Tekla Capital Management LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating in the healthcare sector. The fund also invests in pooled investment vehicles.