Abrdn Global Dynamic Dividend Fund (NYSE:AGD) Shares Shorted: Short Interest Down 41.4% in September

Posted by Stanley Muller on Oct 2nd, 2026

Abrdn Global Dynamic Dividend Fund (NYSE:AGD – Get Free Report) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 53,082 shares, a drop of 41.4% from the August 31st total of 90,562 shares. Based on an average daily trading volume, of 74,677 shares, the days-to-cover ratio is presently 0.7 days.

Abrdn Global Dynamic Dividend Fund Trading Down 1.2%

AGD stock traded down $0.14 on Friday, reaching $11.35. 50,079 shares of the company’s stock were exchanged, compared to its average volume of 112,278. The stock has a fifty day moving average of $12.12 and a 200-day moving average of $12.06. Abrdn Global Dynamic Dividend Fund has a twelve month low of $10.41 and a twelve month high of $13.98.

Abrdn Global Dynamic Dividend Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 22nd were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $1.44 dividend on an annualized basis and a dividend yield of 12.7%.

Institutional Trading of Abrdn Global Dynamic Dividend Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. HighTower Advisors LLC grew its position in Abrdn Global Dynamic Dividend Fund by 3.0% during the second quarter. HighTower Advisors LLC now owns 32,240 shares of the company’s stock worth $390,000 after buying an additional 926 shares during the period. Bank of America Corp DE acquired a new stake in shares of Abrdn Global Dynamic Dividend Fund during the 2nd quarter valued at approximately $6,442,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Abrdn Global Dynamic Dividend Fund during the 2nd quarter worth approximately $53,000. Evolve Private Wealth LLC purchased a new stake in shares of Abrdn Global Dynamic Dividend Fund during the 2nd quarter worth approximately $156,000. Finally, Royal Bank of Canada grew its holdings in Abrdn Global Dynamic Dividend Fund by 21.4% in the first quarter. Royal Bank of Canada now owns 183,901 shares of the company’s stock valued at $1,986,000 after purchasing an additional 32,424 shares during the last quarter.

Abrdn Global Dynamic Dividend Fund Company Profile

(Get Free Report)

Abrdn Global Dynamic Dividend Fund (NYSE: AGD) is a diversified, closed-end investment company that seeks to provide a high level of current income while also pursuing long-term capital appreciation. The fund is managed by abrdn and invests in a portfolio of securities issued by companies and other entities around the world.

The fund generally emphasizes dividend-paying equity securities, including common and preferred stocks, while retaining flexibility to invest in other income-producing assets and securities that may support its total-return objective.