Abrdn Healthcare Opportunities Fund (NYSE:THQ) Short Interest Up 38.2% in December

Abrdn Healthcare Opportunities Fund (NYSE:THQ) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 120,327 shares, a growth of 38.2% from the December 15th total of 87,043 shares. Based on an average daily volume of 139,036 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 139,036 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Abrdn Healthcare Opportunities Fund

Several institutional investors have recently modified their holdings of the company. TrueMark Investments LLC bought a new stake in shares of Abrdn Healthcare Opportunities Fund during the fourth quarter valued at approximately $1,001,000. CoreCap Advisors LLC boosted its stake in Abrdn Healthcare Opportunities Fund by 1,588.9% during the fourth quarter. CoreCap Advisors LLC now owns 12,667 shares of the company’s stock worth $242,000 after buying an additional 11,917 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd increased its holdings in Abrdn Healthcare Opportunities Fund by 19.9% in the 4th quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 31,250 shares of the company’s stock valued at $598,000 after buying an additional 5,191 shares during the period. World Equity Group Inc. increased its holdings in Abrdn Healthcare Opportunities Fund by 5.9% in the 4th quarter. World Equity Group Inc. now owns 18,700 shares of the company’s stock valued at $358,000 after buying an additional 1,050 shares during the period. Finally, Stolper Co raised its stake in shares of Abrdn Healthcare Opportunities Fund by 1.4% in the 4th quarter. Stolper Co now owns 37,732 shares of the company’s stock valued at $722,000 after buying an additional 539 shares in the last quarter.

Abrdn Healthcare Opportunities Fund Stock Performance

NYSE:THQ opened at $19.72 on Monday. The firm’s 50-day moving average is $18.91 and its 200-day moving average is $17.87. Abrdn Healthcare Opportunities Fund has a 52-week low of $15.14 and a 52-week high of $21.38.

Abrdn Healthcare Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 23rd will be issued a $0.18 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a c) annualized dividend and a yield of 11.0%.

Abrdn Healthcare Opportunities Fund Company Profile

Abrdn Healthcare Opportunities Fund (NYSE: THQ) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund invests primarily in equity and debt securities issued by companies across the healthcare industry, including pharmaceuticals, biotechnology, medical devices, healthcare services and health insurance. It trades on the New York Stock Exchange under the symbol THQ.

With a sector-focused approach, the fund’s portfolio is weighted toward companies demonstrating strong growth potential, resilient cash flows and innovative product pipelines.