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

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 539 shares, an increase of 75.0% from the May 14th total of 308 shares. Based on an average daily trading volume, of 1,475 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On AdvisorShares Dorsey Wright ADR ETF

A number of large investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC boosted its position in 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 valued at $2,794,000 after buying an additional 20,316 shares during the last quarter. Raymond James Financial Inc. boosted its position in AdvisorShares Dorsey Wright ADR ETF by 84.8% in the third quarter. Raymond James Financial Inc. now owns 26,835 shares of the company’s stock valued at $2,328,000 after buying an additional 12,315 shares during the last quarter. LPL Financial LLC boosted its position in 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 buying an additional 2,673 shares during the last quarter. Virtu Financial LLC purchased a new stake in AdvisorShares Dorsey Wright ADR ETF in the fourth quarter valued at approximately $861,000. Finally, Jane Street Group LLC purchased a new stake in AdvisorShares Dorsey Wright ADR ETF in the first quarter valued at approximately $509,000.

AdvisorShares Dorsey Wright ADR ETF Price Performance

AdvisorShares Dorsey Wright ADR ETF stock traded up $0.45 during midday trading on Monday, reaching $84.02. The company’s stock had a trading volume of 2,422 shares, compared to its average volume of 3,154. The stock’s 50-day simple moving average is $85.16 and its 200-day simple moving average is $87.37. AdvisorShares Dorsey Wright ADR ETF has a 52-week low of $75.51 and a 52-week high of $98.38. The stock has a market capitalization of $45.37 million, a P/E ratio of 13.70 and a beta of 0.93.

AdvisorShares Dorsey Wright ADR ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 23rd were paid a $0.0509 dividend. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, March 23rd.

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.