AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Sees Significant Increase in Short Interest

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 5,064 shares, an increase of 212.8% from the January 15th total of 1,619 shares. Based on an average daily trading volume, of 2,230 shares, the short-interest ratio is currently 2.3 days. Approximately 0.9% of the shares of the company are sold short. Approximately 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 2,230 shares, the short-interest ratio is currently 2.3 days.

Institutional Trading of AdvisorShares Dorsey Wright ADR ETF

A number of large investors have recently made changes to their positions in AADR. Prospera Financial Services Inc grew its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 14.5% during the second quarter. Prospera Financial Services Inc now owns 7,740 shares of the company’s stock worth $611,000 after buying an additional 978 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 170.9% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 32,205 shares of the company’s stock worth $2,794,000 after buying an additional 20,316 shares during the last quarter. Raymond James Financial Inc. increased its stake in 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 worth $2,328,000 after acquiring an additional 12,315 shares during the last quarter. LPL Financial LLC increased its position in AdvisorShares Dorsey Wright ADR ETF by 19.2% during the 4th 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 in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of AdvisorShares Dorsey Wright ADR ETF in the first quarter worth $509,000.

AdvisorShares Dorsey Wright ADR ETF Trading Up 1.1%

Shares of AADR opened at $95.72 on Thursday. The stock’s 50 day moving average is $89.79 and its two-hundred day moving average is $85.81. AdvisorShares Dorsey Wright ADR ETF has a twelve month low of $61.52 and a twelve month high of $98.38. The firm has a market capitalization of $52.64 million, a PE ratio of 13.70 and a beta of 0.93.

AdvisorShares Dorsey Wright ADR ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Monday, December 22nd were given a dividend of $0.1055 per share. The ex-dividend date was Monday, December 22nd. This is a positive change from AdvisorShares Dorsey Wright ADR ETF’s previous quarterly dividend of $0.10. This represents a $0.42 dividend on an annualized basis and a yield of 0.4%.

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.