Abrdn Healthcare Opportunities Fund (NYSE:THQ) Short Interest Update

Abrdn Healthcare Opportunities Fund (NYSE:THQ) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 421,865 shares, a decrease of 34.9% from the June 15th total of 647,719 shares. Based on an average trading volume of 318,665 shares, the short-interest ratio is currently 1.3 days.

Abrdn Healthcare Opportunities Fund Trading Down 0.4%

Shares of NYSE THQ opened at $18.73 on Friday. The company’s 50-day simple moving average is $18.55 and its 200-day simple moving average is $18.58. Abrdn Healthcare Opportunities Fund has a 52-week low of $15.14 and a 52-week high of $20.39.

Abrdn Healthcare Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Thursday, July 23rd will be paid a $0.18 dividend. The ex-dividend date of this dividend is Thursday, July 23rd. This represents a c) dividend on an annualized basis and a yield of 11.5%.

Institutional Investors Weigh In On Abrdn Healthcare Opportunities Fund

Several large investors have recently bought and sold shares of THQ. Royal Bank of Canada raised its holdings in shares of Abrdn Healthcare Opportunities Fund by 1.6% during the first quarter. Royal Bank of Canada now owns 1,143,764 shares of the company’s stock valued at $19,215,000 after acquiring an additional 17,907 shares during the last quarter. Heron Bay Capital Management boosted its stake in shares of Abrdn Healthcare Opportunities Fund by 20.6% in the fourth quarter. Heron Bay Capital Management now owns 592,723 shares of the company’s stock worth $11,339,000 after acquiring an additional 101,439 shares during the last quarter. LPL Financial LLC increased its position in shares of Abrdn Healthcare Opportunities Fund by 7.0% during the fourth quarter. LPL Financial LLC now owns 332,325 shares of the company’s stock worth $6,357,000 after purchasing an additional 21,613 shares in the last quarter. UBS Group AG raised its stake in Abrdn Healthcare Opportunities Fund by 4.1% in the 4th quarter. UBS Group AG now owns 295,613 shares of the company’s stock valued at $5,655,000 after purchasing an additional 11,553 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Abrdn Healthcare Opportunities Fund by 5.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 219,731 shares of the company’s stock valued at $4,041,000 after purchasing an additional 12,244 shares during the last quarter.

About Abrdn Healthcare Opportunities Fund

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.