Short Interest in Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Grows By 27.0%

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 91,200 shares, a growth of 27.0% from the November 30th total of 71,800 shares. Based on an average trading volume of 391,100 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Aberdeen Total Dynamic Dividend Fund

Several hedge funds have recently bought and sold shares of the company. CWM LLC raised its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 18.0% during the 3rd quarter. CWM LLC now owns 9,162 shares of the investment management company’s stock worth $83,000 after buying an additional 1,398 shares in the last quarter. Heritage Wealth Management Inc. CA raised its stake in Aberdeen Total Dynamic Dividend Fund by 9.9% during the third quarter. Heritage Wealth Management Inc. CA now owns 18,290 shares of the investment management company’s stock worth $166,000 after acquiring an additional 1,644 shares in the last quarter. Integrated Capital Management Inc. raised its stake in Aberdeen Total Dynamic Dividend Fund by 7.1% during the third quarter. Integrated Capital Management Inc. now owns 29,557 shares of the investment management company’s stock worth $269,000 after acquiring an additional 1,948 shares in the last quarter. Occidental Asset Management LLC lifted its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 8.9% in the third quarter. Occidental Asset Management LLC now owns 27,305 shares of the investment management company’s stock worth $248,000 after acquiring an additional 2,226 shares during the last quarter. Finally, Park Avenue Securities LLC boosted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 1.2% in the 3rd quarter. Park Avenue Securities LLC now owns 220,016 shares of the investment management company’s stock valued at $2,002,000 after purchasing an additional 2,532 shares in the last quarter.

Aberdeen Total Dynamic Dividend Fund Price Performance

AOD opened at $8.44 on Tuesday. Aberdeen Total Dynamic Dividend Fund has a 52-week low of $7.73 and a 52-week high of $9.14. The business’s fifty day moving average is $8.73 and its 200-day moving average is $8.72.

Aberdeen Total Dynamic Dividend Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 10th. Shareholders of record on Monday, December 30th will be paid a dividend of $0.10 per share. The ex-dividend date is Monday, December 30th. This represents a $1.20 dividend on an annualized basis and a yield of 14.22%.