Short Interest in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Declines By 58.1%

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADRGet Free Report) saw a large decrease in short interest during 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. Based on an average daily volume of 3,917 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

AdvisorShares Dorsey Wright ADR ETF Stock Performance

Shares of AdvisorShares Dorsey Wright ADR ETF stock opened at $85.65 on Friday. The company has a 50-day simple moving average of $83.00 and a two-hundred day simple moving average of $85.89. The stock 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 has a 52-week low of $77.69 and a 52-week high of $98.38.

AdvisorShares Dorsey Wright ADR ETF Announces Dividend

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

Institutional Trading of AdvisorShares Dorsey Wright ADR ETF

Institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC bought a new stake in shares of AdvisorShares Dorsey Wright ADR ETF in the 1st quarter worth $509,000. Equitable Holdings Inc. raised its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 6.9% in the third quarter. Equitable Holdings Inc. now owns 4,031 shares of the company’s stock worth $350,000 after purchasing an additional 260 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 84.8% during the third quarter. Raymond James Financial Inc. now owns 26,835 shares of the company’s stock valued at $2,328,000 after purchasing an additional 12,315 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 170.9% during the third quarter. Integrated Wealth Concepts LLC now owns 32,205 shares of the company’s stock valued at $2,794,000 after purchasing an additional 20,316 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of 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 valued at $1,432,000 after buying an additional 2,673 shares during the last quarter.

AdvisorShares Dorsey Wright ADR ETF Company Profile

(Get Free Report)

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.

Further Reading

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