Short Interest in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Rises By 29.3%

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 1,619 shares, a growth of 29.3% from the December 31st total of 1,252 shares. Based on an average daily volume of 2,117 shares, the short-interest ratio is presently 0.8 days. Currently, 0.3% of the company’s stock are sold short. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 2,117 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of AdvisorShares Dorsey Wright ADR ETF

A number of institutional investors have recently made changes to their positions in AADR. Integrated Wealth Concepts LLC grew its stake in AdvisorShares Dorsey Wright ADR ETF by 170.9% during the 3rd 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 last quarter. Raymond James Financial Inc. increased its holdings in shares of AdvisorShares Dorsey Wright ADR ETF by 84.8% during the third quarter. Raymond James Financial Inc. now owns 26,835 shares of the company’s stock valued at $2,328,000 after acquiring an additional 12,315 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 valued at approximately $509,000. CW Advisors LLC acquired a new stake in AdvisorShares Dorsey Wright ADR ETF in the 2nd quarter worth approximately $349,000. Finally, WealthShield Partners LLC acquired a new stake in AdvisorShares Dorsey Wright ADR ETF in the 3rd quarter worth approximately $290,000.

AdvisorShares Dorsey Wright ADR ETF Stock Performance

NASDAQ:AADR opened at $93.25 on Tuesday. AdvisorShares Dorsey Wright ADR ETF has a fifty-two week low of $61.52 and a fifty-two week high of $98.38. The stock has a market capitalization of $51.29 million, a P/E ratio of 13.70 and a beta of 0.93. The company’s 50-day simple moving average is $88.63 and its 200-day simple moving average is $85.15.

AdvisorShares Dorsey Wright ADR ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Monday, December 22nd were issued a $0.1055 dividend. This is an increase from AdvisorShares Dorsey Wright ADR ETF’s previous quarterly dividend of $0.10. This represents a $0.42 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend 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.