Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Short Interest Update

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 210,700 shares, a decrease of 41.0% from the August 15th total of 357,200 shares. Based on an average daily trading volume, of 476,700 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 476,700 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Aberdeen Total Dynamic Dividend Fund

A number of hedge funds have recently made changes to their positions in AOD. Truist Financial Corp boosted its stake in Aberdeen Total Dynamic Dividend Fund by 3.2% during the second quarter. Truist Financial Corp now owns 36,415 shares of the investment management company’s stock valued at $323,000 after buying an additional 1,117 shares during the last quarter. Captrust Financial Advisors raised its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 7.0% in the second quarter. Captrust Financial Advisors now owns 19,368 shares of the investment management company’s stock worth $172,000 after buying an additional 1,275 shares during the period. Private Advisor Group LLC raised its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 0.8% in the first quarter. Private Advisor Group LLC now owns 214,446 shares of the investment management company’s stock worth $1,799,000 after buying an additional 1,682 shares during the period. Integrated Capital Management Inc. raised its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 4.6% in the second quarter. Integrated Capital Management Inc. now owns 42,747 shares of the investment management company’s stock worth $379,000 after buying an additional 1,863 shares during the period. Finally, Aviance Capital Partners LLC increased its holdings in Aberdeen Total Dynamic Dividend Fund by 1.5% during the 1st quarter. Aviance Capital Partners LLC now owns 126,903 shares of the investment management company’s stock worth $1,065,000 after purchasing an additional 1,913 shares during the period.

Aberdeen Total Dynamic Dividend Fund Stock Performance

Shares of AOD opened at $9.32 on Monday. The business has a 50-day simple moving average of $9.05 and a two-hundred day simple moving average of $8.64. Aberdeen Total Dynamic Dividend Fund has a 52 week low of $6.99 and a 52 week high of $9.36.

Aberdeen Total Dynamic Dividend Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, September 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 12.9%.

Aberdeen Total Dynamic Dividend Fund Company Profile

Aberdeen Total Dynamic Dividend Fund is a closed-ended equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. The fund invests in the public equity markets across the globe. It seeks to invest in stocks of companies across diversified sectors. The fund invests in growth and value stocks of companies across all market capitalizations.