AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Short Interest Down 58.1% in July

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 13 shares, a decrease of 58.1% from the July 15th total of 31 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 3,917 shares, the short-interest ratio is presently 0.0 days.

AdvisorShares Dorsey Wright ADR ETF Stock Up 0.8%

Shares of AADR stock opened at $85.65 on Friday. The company has a 50 day moving average price of $83.00 and a 200-day moving average price of $85.89. AdvisorShares Dorsey Wright ADR ETF has a 52 week low of $77.69 and a 52 week high of $98.38. The firm has a market capitalization of $39.40 million, a PE ratio of 13.70 and a beta of 0.93.

AdvisorShares Dorsey Wright ADR ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Tuesday, June 23rd were given a dividend of $0.4358 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $1.74 dividend on an annualized basis and a yield of 2.0%.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright ADR ETF

A number of large investors have recently added to or reduced their stakes in AADR. Advisortrust Partners LLC purchased a new stake in AdvisorShares Dorsey Wright ADR ETF during the 1st quarter valued at $60,000. Janney Montgomery Scott LLC lifted its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 3.1% during the 4th 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 during the period. Equitable Holdings Inc. boosted its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 6.9% in the 3rd quarter. Equitable Holdings Inc. now owns 4,031 shares of the company’s stock worth $350,000 after buying an additional 260 shares during the last quarter. WealthShield Partners LLC boosted its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 30.6% in the 1st quarter. WealthShield Partners LLC now owns 4,459 shares of the company’s stock worth $364,000 after buying an additional 1,045 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of AdvisorShares Dorsey Wright ADR ETF in the first quarter worth $509,000.

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.