AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Short Interest Update

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 4,586 shares, a growth of 35,176.9% from the July 30th total of 13 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 4,834 shares, the short-interest ratio is presently 0.9 days.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright ADR ETF

Several large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC boosted its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 170.9% in the third 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 period. Raymond James Financial Inc. boosted its stake in AdvisorShares Dorsey Wright ADR ETF by 84.8% in the 3rd quarter. Raymond James Financial Inc. now owns 26,835 shares of the company’s stock worth $2,328,000 after purchasing an additional 12,315 shares during the period. Virtu Financial LLC purchased a new position in AdvisorShares Dorsey Wright ADR ETF during the 4th quarter worth approximately $861,000. Jane Street Group LLC acquired a new stake in AdvisorShares Dorsey Wright ADR ETF during the 1st quarter valued at $509,000. Finally, LPL Financial LLC lifted its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 19.2% in the fourth quarter. LPL Financial LLC now owns 16,601 shares of the company’s stock valued at $1,432,000 after purchasing an additional 2,673 shares in the last quarter.

AdvisorShares Dorsey Wright ADR ETF Stock Up 0.7%

Shares of NASDAQ:AADR traded up $0.60 during trading on Tuesday, hitting $84.32. 1,460 shares of the company traded hands, compared to its average volume of 3,153. The stock has a market capitalization of $38.79 million, a price-to-earnings ratio of 13.70 and a beta of 0.93. AdvisorShares Dorsey Wright ADR ETF has a one year low of $77.69 and a one year high of $98.38. The business’s fifty day moving average is $83.15 and its 200-day moving average is $85.37.

AdvisorShares Dorsey Wright ADR ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.4358 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $1.74 annualized dividend and a dividend yield of 2.1%.

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.