Short Interest in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) Rises By 212.8%

AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 5,064 shares, an increase of 212.8% from the January 15th total of 1,619 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily volume of 2,230 shares, the short-interest ratio is currently 2.3 days. Based on an average daily volume of 2,230 shares, the short-interest ratio is currently 2.3 days. Approximately 0.9% of the company’s stock are sold short.

AdvisorShares Dorsey Wright ADR ETF Price Performance

Shares of AdvisorShares Dorsey Wright ADR ETF stock opened at $94.64 on Friday. The firm has a market cap of $52.05 million, a price-to-earnings ratio of 13.70 and a beta of 0.93. The stock’s 50-day moving average is $90.17 and its 200-day moving average is $85.98. AdvisorShares Dorsey Wright ADR ETF has a one year low of $61.52 and a one year high of $98.38.

AdvisorShares Dorsey Wright ADR ETF Increases Dividend

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

Hedge Funds Weigh In On AdvisorShares Dorsey Wright ADR ETF

Hedge funds have recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its position in shares of AdvisorShares Dorsey Wright ADR ETF by 3.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,612 shares of the company’s stock worth $312,000 after purchasing an additional 107 shares in the last quarter. Equitable Holdings Inc. grew its position in AdvisorShares Dorsey Wright ADR ETF by 6.9% in the third quarter. Equitable Holdings Inc. now owns 4,031 shares of the company’s stock valued at $350,000 after purchasing an additional 260 shares in the last quarter. Prospera Financial Services Inc increased its stake in AdvisorShares Dorsey Wright ADR ETF by 14.5% in the 2nd quarter. Prospera Financial Services Inc now owns 7,740 shares of the company’s stock valued at $611,000 after buying an additional 978 shares during the last quarter. Farther Finance Advisors LLC lifted its position in AdvisorShares Dorsey Wright ADR ETF by 170.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,116 shares of the company’s stock worth $184,000 after buying an additional 1,333 shares in the last quarter. Finally, McCarthy & Cox bought a new stake in AdvisorShares Dorsey Wright ADR ETF during the 3rd quarter worth about $202,000.

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.