AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Short Interest Up 212.8% in January

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 5,064 shares, a growth of 212.8% from the January 15th total of 1,619 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 2,230 shares, the short-interest ratio is currently 2.3 days. Based on an average daily volume of 2,230 shares, the short-interest ratio is currently 2.3 days. Currently, 0.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Farther Finance Advisors LLC grew its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 170.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,116 shares of the company’s stock worth $184,000 after purchasing an additional 1,333 shares during the last quarter. McCarthy & Cox bought a new stake in AdvisorShares Dorsey Wright ADR ETF during the third quarter worth approximately $202,000. Barometer Capital Management Inc. bought a new stake in AdvisorShares Dorsey Wright ADR ETF during the third quarter worth approximately $234,000. WealthShield Partners LLC acquired a new position in AdvisorShares Dorsey Wright ADR ETF in the third quarter worth approximately $290,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 3.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,612 shares of the company’s stock valued at $312,000 after buying an additional 107 shares in the last quarter.

AdvisorShares Dorsey Wright ADR ETF Trading Up 1.1%

Shares of NASDAQ:AADR opened at $95.72 on Thursday. The firm’s 50 day moving average is $89.79 and its two-hundred day moving average is $85.81. The firm has a market capitalization of $52.64 million, a P/E ratio of 13.70 and a beta of 0.93. AdvisorShares Dorsey Wright ADR ETF has a 52 week low of $61.52 and a 52 week high of $98.38.

AdvisorShares Dorsey Wright ADR ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.1055 per share. This represents a $0.42 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from AdvisorShares Dorsey Wright ADR ETF’s previous quarterly dividend of $0.10.

AdvisorShares Dorsey Wright ADR ETF Company Profile

The AdvisorShares Dorsey Wright ADR ETF (AADR) is an exchange-traded fund that is based on the BNY Mellon Classic ADR index. The fund is an actively managed ETF that aims to outperform the international markets outside the US by holding ADRs with high relative strength. AADR was launched on Jul 20, 2010 and is managed by m.