Short Interest in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Drops By 84.6%

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADRGet Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 83 shares, a decrease of 84.6% from the May 31st total of 539 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,923 shares, the days-to-cover ratio is currently 0.0 days.

AdvisorShares Dorsey Wright ADR ETF Stock Up 1.4%

AADR opened at $81.40 on Friday. AdvisorShares Dorsey Wright ADR ETF has a 52 week low of $76.84 and a 52 week high of $98.38. The business’s 50 day moving average is $84.70 and its two-hundred day moving average is $87.22. The firm has a market cap of $43.96 million, a price-to-earnings ratio of 13.70 and a beta of 0.93.

AdvisorShares Dorsey Wright ADR ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Tuesday, June 23rd will be issued a $0.4358 dividend. This represents a $1.74 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Institutional Trading of AdvisorShares Dorsey Wright ADR ETF

Several institutional investors and hedge funds have recently bought and sold shares of AADR. Advisortrust Partners LLC purchased a new position in AdvisorShares Dorsey Wright ADR ETF during the 1st quarter worth $60,000. Barometer Capital Management Inc. purchased a new stake in shares of AdvisorShares Dorsey Wright ADR ETF in the third quarter valued at about $234,000. Janney Montgomery Scott LLC boosted its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 3.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,612 shares of the company’s stock worth $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% during the third 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 period. Finally, WealthShield Partners LLC grew its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 30.6% during the first 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.

About AdvisorShares Dorsey Wright ADR ETF

(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.

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