AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Short Interest Down 52.7% in February

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 2,395 shares, a decline of 52.7% from the January 29th total of 5,064 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 6,166 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 6,166 shares, the short-interest ratio is presently 0.4 days. Currently, 0.4% of the shares of the stock are short sold.

AdvisorShares Dorsey Wright ADR ETF Stock Down 0.7%

AADR stock opened at $94.40 on Friday. The company’s 50-day moving average price is $92.05 and its two-hundred day moving average price is $87.04. The firm has a market cap of $51.92 million, a P/E ratio of 13.70 and a beta of 0.93. AdvisorShares Dorsey Wright ADR ETF has a 12 month low of $61.52 and a 12 month high of $98.38.

AdvisorShares Dorsey Wright ADR ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 22nd were paid a $0.1055 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 0.4%. This is a positive change from AdvisorShares Dorsey Wright ADR ETF’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright ADR ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC boosted its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 170.9% during the third quarter. Integrated Wealth Concepts LLC now owns 32,205 shares of the company’s stock valued at $2,794,000 after purchasing an additional 20,316 shares in the last quarter. Raymond James Financial Inc. raised its holdings in AdvisorShares Dorsey Wright ADR ETF by 84.8% in the 3rd quarter. Raymond James Financial Inc. now owns 26,835 shares of the company’s stock valued at $2,328,000 after buying an additional 12,315 shares during the last quarter. Virtu Financial LLC acquired a new stake in AdvisorShares Dorsey Wright ADR ETF during the 4th quarter worth approximately $861,000. Jane Street Group LLC bought a new stake in AdvisorShares Dorsey Wright ADR ETF during the 1st quarter worth approximately $509,000. Finally, CW Advisors LLC bought a new stake in AdvisorShares Dorsey Wright ADR ETF during the 2nd quarter worth approximately $349,000.

About AdvisorShares Dorsey Wright ADR ETF

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.