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

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

Institutional Trading of Aberdeen Total Dynamic Dividend Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Aberdeen Total Dynamic Dividend Fund during the third quarter worth $31,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Aberdeen Total Dynamic Dividend Fund by 787.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,778 shares of the investment management company’s stock valued at $49,000 after buying an additional 5,127 shares during the period. CWM LLC grew its holdings in 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 acquiring an additional 1,398 shares during the period. SK Wealth Management LLC acquired a new stake in Aberdeen Total Dynamic Dividend Fund during the 3rd quarter worth about $105,000. Finally, J.W. Cole Advisors Inc. acquired a new stake in Aberdeen Total Dynamic Dividend Fund during the 3rd quarter worth about $113,000.

Aberdeen Total Dynamic Dividend Fund Trading Up 0.5 %

Shares of NYSE AOD traded up $0.05 during trading on Thursday, reaching $8.67. The company had a trading volume of 720,584 shares, compared to its average volume of 539,757. Aberdeen Total Dynamic Dividend Fund has a 12 month low of $7.73 and a 12 month high of $9.14. The company’s fifty day moving average price is $8.63 and its 200-day moving average price is $8.72.

Aberdeen Total Dynamic Dividend Fund Dividend Announcement

The company also recently announced 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. This represents a $1.20 dividend on an annualized basis and a yield of 13.85%. The ex-dividend date is Friday, January 24th.