AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Short Interest Update

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 4,847 shares, an increase of 102.4% from the February 12th total of 2,395 shares. Based on an average trading volume of 1,671 shares, the days-to-cover ratio is currently 2.9 days. Approximately 0.9% of the shares of the company are short sold. Approximately 0.9% of the shares of the company are short sold. Based on an average trading volume of 1,671 shares, the days-to-cover ratio is currently 2.9 days.

AdvisorShares Dorsey Wright ADR ETF Stock Performance

Shares of AdvisorShares Dorsey Wright ADR ETF stock opened at $82.46 on Friday. The stock has a market capitalization of $45.35 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. The stock’s 50-day simple moving average is $92.08 and its 200 day simple moving average is $87.36.

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 issued a dividend of $0.1055 per share. This represents a $0.42 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from AdvisorShares Dorsey Wright ADR ETF’s previous quarterly dividend of $0.10.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright ADR ETF

Large investors have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new position in shares of AdvisorShares Dorsey Wright ADR ETF in the first quarter valued at $509,000. Prospera Financial Services Inc grew its position in AdvisorShares Dorsey Wright ADR ETF by 14.5% in the second quarter. Prospera Financial Services Inc now owns 7,740 shares of the company’s stock worth $611,000 after acquiring an additional 978 shares in the last quarter. CW Advisors LLC purchased a new position in AdvisorShares Dorsey Wright ADR ETF in the second quarter worth $349,000. Osaic Holdings Inc. increased its stake in AdvisorShares Dorsey Wright ADR ETF by 13.7% in the second quarter. Osaic Holdings Inc. now owns 24,216 shares of the company’s stock valued at $1,913,000 after acquiring an additional 2,918 shares during the last quarter. Finally, McCarthy & Cox bought a new position in AdvisorShares Dorsey Wright ADR ETF in the third quarter valued at $202,000.

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.