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

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 2,395 shares, a drop of 52.7% from the January 29th total of 5,064 shares. Based on an average daily trading volume, of 6,166 shares, the short-interest ratio is presently 0.4 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 6,166 shares, the short-interest ratio is presently 0.4 days.

AdvisorShares Dorsey Wright ADR ETF Stock Down 0.1%

AADR opened at $94.88 on Friday. AdvisorShares Dorsey Wright ADR ETF has a 52-week low of $61.52 and a 52-week high of $98.38. The company has a 50 day moving average of $91.88 and a two-hundred day moving average of $86.94. The company has a market cap of $52.19 million, a P/E ratio of 13.70 and a beta of 0.93.

AdvisorShares Dorsey Wright ADR ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC grew its stake in shares of AdvisorShares Dorsey Wright ADR ETF by 170.2% in the third quarter. Farther Finance Advisors LLC now owns 2,116 shares of the company’s stock valued at $184,000 after buying an additional 1,333 shares in the last quarter. McCarthy & Cox purchased a new position in AdvisorShares Dorsey Wright ADR ETF in the 3rd quarter worth approximately $202,000. Barometer Capital Management Inc. acquired a new stake in AdvisorShares Dorsey Wright ADR ETF in the third quarter valued at approximately $234,000. WealthShield Partners LLC purchased a new stake in shares of AdvisorShares Dorsey Wright ADR ETF during the third quarter valued at approximately $290,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of 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 valued at $312,000 after purchasing an additional 107 shares during the period.

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.