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

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 99,152 shares, a drop of 38.4% from the April 15th total of 160,891 shares. Based on an average daily volume of 472,385 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Aberdeen Total Dynamic Dividend Fund

A number of institutional investors have recently added to or reduced their stakes in AOD. Fifth Third Bancorp acquired a new stake in Aberdeen Total Dynamic Dividend Fund in the 1st quarter valued at $28,000. Ascentis Independent Advisors acquired a new stake in Aberdeen Total Dynamic Dividend Fund in the 1st quarter valued at $56,000. AQR Capital Management LLC acquired a new stake in Aberdeen Total Dynamic Dividend Fund in the 1st quarter valued at $85,000. CWM LLC grew its stake in Aberdeen Total Dynamic Dividend Fund by 14.1% in the 4th quarter. CWM LLC now owns 9,443 shares of the investment management company’s stock valued at $92,000 after acquiring an additional 1,166 shares during the period. Finally, Syverson Strege & Co acquired a new stake in Aberdeen Total Dynamic Dividend Fund in the 3rd quarter valued at $97,000.

Aberdeen Total Dynamic Dividend Fund Price Performance

Shares of NYSE AOD traded down $0.03 during midday trading on Monday, reaching $10.37. 456,285 shares of the stock were exchanged, compared to its average volume of 561,196. Aberdeen Total Dynamic Dividend Fund has a twelve month low of $8.38 and a twelve month high of $10.77. The firm has a 50-day simple moving average of $9.84 and a two-hundred day simple moving average of $9.86.

Aberdeen Total Dynamic Dividend Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 11.6%.

About Aberdeen Total Dynamic Dividend Fund

Aberdeen Total Dynamic Dividend Fund (NYSE: AOD) is an actively managed exchange-traded fund that seeks to provide a high level of current income combined with the potential for capital appreciation. Structured as an open-end management investment company, AOD invests primarily in a diversified portfolio of dividend-paying common stocks across global markets. The fund pursues its objective by selecting companies that demonstrate the ability to sustain and grow their dividends over time.

The fund employs a dynamic weighting methodology designed to emphasize securities with favorable dividend growth prospects, dividend stability metrics and attractive valuation characteristics.