AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Short Interest Down 52.7% in February

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 2,395 shares, a decrease of 52.7% from the January 29th total of 5,064 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 6,166 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 6,166 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in AdvisorShares Dorsey Wright ADR ETF by 170.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,116 shares of the company’s stock worth $184,000 after purchasing an additional 1,333 shares during the last quarter. McCarthy & Cox acquired a new stake in shares of AdvisorShares Dorsey Wright ADR ETF in the third quarter valued at about $202,000. Barometer Capital Management Inc. purchased a new position in shares of AdvisorShares Dorsey Wright ADR ETF in the third quarter worth about $234,000. WealthShield Partners LLC acquired a new position in AdvisorShares Dorsey Wright ADR ETF during the third quarter worth about $290,000. Finally, Janney Montgomery Scott LLC boosted its position in 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 acquiring an additional 107 shares during the last quarter.

AdvisorShares Dorsey Wright ADR ETF Stock Performance

AADR stock opened at $94.40 on Friday. The firm has a market cap of $51.92 million, a PE ratio of 13.70 and a beta of 0.93. AdvisorShares Dorsey Wright ADR ETF has a fifty-two week low of $61.52 and a fifty-two week high of $98.38. The firm has a fifty day moving average price of $92.05 and a 200 day moving average price of $87.08.

AdvisorShares Dorsey Wright ADR ETF Increases Dividend

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

About AdvisorShares Dorsey Wright ADR ETF

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.