AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Short Interest Update

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 1,544 shares, a decline of 66.3% from the August 15th total of 4,586 shares. Based on an average daily volume of 2,021 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are sold short.

AdvisorShares Dorsey Wright ADR ETF Trading Up 0.8%

Shares of NASDAQ:AADR traded up $0.65 on Friday, reaching $85.09. 936 shares of the company’s stock were exchanged, compared to its average volume of 3,043. The company has a fifty day moving average of $83.77 and a 200-day moving average of $84.48. AdvisorShares Dorsey Wright ADR ETF has a twelve month low of $77.69 and a twelve month high of $98.38. The company has a market capitalization of $39.14 million, a price-to-earnings ratio of 13.70 and a beta of 0.93.

AdvisorShares Dorsey Wright ADR ETF Dividend Announcement

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

Institutional Investors Weigh In On AdvisorShares Dorsey Wright ADR ETF

Large investors have recently added to or reduced their stakes in the stock. Advisortrust Partners LLC acquired a new position in AdvisorShares Dorsey Wright ADR ETF in the 1st quarter valued at $60,000. WealthShield Partners LLC increased its position in shares of AdvisorShares Dorsey Wright ADR ETF by 30.6% in the first quarter. WealthShield Partners LLC now owns 4,459 shares of the company’s stock worth $364,000 after purchasing an additional 1,045 shares during the period. Janney Montgomery Scott LLC raised its stake in AdvisorShares Dorsey Wright ADR ETF by 33.0% in the first quarter. Janney Montgomery Scott LLC now owns 4,805 shares of the company’s stock valued at $392,000 after purchasing an additional 1,193 shares in the last quarter. Virtu Financial LLC acquired a new position in AdvisorShares Dorsey Wright ADR ETF in the fourth quarter valued at about $861,000. Finally, LPL Financial LLC lifted its position in AdvisorShares Dorsey Wright ADR ETF by 19.2% during the fourth quarter. LPL Financial LLC now owns 16,601 shares of the company’s stock worth $1,432,000 after purchasing an additional 2,673 shares during the period.

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.