abrdn Global Premier Properties Fund (NYSE:AWP) Short Interest Up 30.9% in October

abrdn Global Premier Properties Fund (NYSE:AWP) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 619,200 shares, an increase of 30.9% from the October 15th total of 473,200 shares. Based on an average daily trading volume, of 278,400 shares, the days-to-cover ratio is currently 2.2 days.

Hedge Funds Weigh In On abrdn Global Premier Properties Fund

Institutional investors have recently made changes to their positions in the business. SVB Wealth LLC bought a new position in abrdn Global Premier Properties Fund during the first quarter valued at about $41,000. Virtu Financial LLC bought a new stake in abrdn Global Premier Properties Fund in the 1st quarter valued at $95,000. Cetera Advisors LLC acquired a new position in shares of abrdn Global Premier Properties Fund in the 1st quarter valued at $119,000. Atomi Financial Group Inc. bought a new stake in abrdn Global Premier Properties Fund in the second quarter valued at about $40,000. Finally, TFB Advisors LLC acquired a new position in abrdn Global Premier Properties Fund in the second quarter worth about $46,000.

abrdn Global Premier Properties Fund Trading Down 0.5 %

Shares of NYSE:AWP opened at $4.16 on Friday. abrdn Global Premier Properties Fund has a 1 year low of $3.51 and a 1 year high of $4.68. The firm has a fifty day moving average price of $4.41 and a 200 day moving average price of $4.12.

abrdn Global Premier Properties Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 11.54%. The ex-dividend date of this dividend is Thursday, November 21st.

About abrdn Global Premier Properties Fund

Abrdn Global Premier Properties Fund is a closed-end equity mutual fund launched and managed by Alpine Woods Capital Investors, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies operating across real estate sectors. It invests in value stocks of companies.