Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Short Interest Up 115.0% in January

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 196,100 shares, an increase of 115.0% from the December 31st total of 91,200 shares. Based on an average daily volume of 399,000 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AOD. CWM LLC grew its position in Aberdeen Total Dynamic Dividend Fund by 18.0% in the 3rd quarter. CWM LLC now owns 9,162 shares of the investment management company’s stock valued at $83,000 after buying an additional 1,398 shares in the last quarter. Heritage Wealth Management Inc. CA lifted its stake in shares of Aberdeen Total Dynamic Dividend Fund by 9.9% in the 3rd 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 during the period. Integrated Capital Management Inc. boosted its holdings in shares of Aberdeen Total Dynamic Dividend Fund by 5.8% in the fourth quarter. Integrated Capital Management Inc. now owns 31,285 shares of the investment management company’s stock valued at $263,000 after acquiring an additional 1,728 shares in the last quarter. Occidental Asset Management LLC increased its stake in shares of Aberdeen Total Dynamic Dividend Fund by 7.0% during the fourth quarter. Occidental Asset Management LLC now owns 29,225 shares of the investment management company’s stock valued at $246,000 after acquiring an additional 1,920 shares during the period. Finally, Park Avenue Securities LLC raised its holdings in Aberdeen Total Dynamic Dividend Fund by 1.2% during the third quarter. Park Avenue Securities LLC now owns 220,016 shares of the investment management company’s stock worth $2,002,000 after purchasing an additional 2,532 shares in the last quarter.

Aberdeen Total Dynamic Dividend Fund Stock Performance

Shares of AOD traded down $0.08 during mid-day trading on Wednesday, reaching $8.59. 316,746 shares of the company’s stock traded hands, compared to its average volume of 750,564. Aberdeen Total Dynamic Dividend Fund has a 12 month low of $7.73 and a 12 month high of $9.14. The business’s 50-day moving average price is $8.61 and its 200-day moving average price is $8.73.

Aberdeen Total Dynamic Dividend Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 24th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $1.20 dividend on an annualized basis and a yield of 13.98%.