AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Sees Large Decline in Short Interest

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 31 shares, a decline of 81.2% from the June 30th total of 165 shares. Based on an average trading volume of 1,257 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AADR. Virtu Financial LLC bought a new stake in AdvisorShares Dorsey Wright ADR ETF in the fourth quarter worth $861,000. WealthShield Partners LLC increased its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 30.6% during the first quarter. WealthShield Partners LLC now owns 4,459 shares of the company’s stock valued at $364,000 after acquiring an additional 1,045 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 33.0% during the first quarter. Janney Montgomery Scott LLC now owns 4,805 shares of the company’s stock valued at $392,000 after acquiring an additional 1,193 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of AdvisorShares Dorsey Wright ADR ETF in the 1st quarter worth about $509,000. Finally, Raymond James Financial Inc. raised its position in shares of 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 last quarter.

AdvisorShares Dorsey Wright ADR ETF Trading Up 0.1%

AADR traded up $0.07 during midday trading on Monday, reaching $82.65. The company’s stock had a trading volume of 503 shares, compared to its average volume of 3,049. AdvisorShares Dorsey Wright ADR ETF has a 1 year low of $76.84 and a 1 year high of $98.38. The stock’s 50-day moving average is $83.57 and its 200-day moving average is $86.69. The firm has a market capitalization of $38.85 million, a price-to-earnings ratio of 13.70 and a beta of 0.93.

AdvisorShares Dorsey Wright ADR ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Tuesday, June 23rd were paid a $0.4358 dividend. 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.