abrdn Global Premier Properties Fund (NYSE:AWP) Short Interest Down 32.4% in January

abrdn Global Premier Properties Fund (NYSE:AWPGet Free Report) was the recipient of a significant decline in short interest in the month of January. As of January 31st, there was short interest totalling 27,700 shares, a decline of 32.4% from the January 15th total of 41,000 shares. Based on an average daily volume of 381,400 shares, the days-to-cover ratio is presently 0.1 days.

abrdn Global Premier Properties Fund Stock Performance

abrdn Global Premier Properties Fund stock opened at $3.73 on Tuesday. abrdn Global Premier Properties Fund has a 1 year low of $3.06 and a 1 year high of $4.49. The firm has a 50 day moving average price of $3.78 and a 200 day moving average price of $3.73.

abrdn Global Premier Properties Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, February 29th. Shareholders of record on Thursday, February 22nd will be paid a dividend of $0.04 per share. The ex-dividend date is Wednesday, February 21st. This represents a $0.48 annualized dividend and a yield of 12.89%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. increased its stake in abrdn Global Premier Properties Fund by 86.3% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 65,726 shares of the investment management company’s stock valued at $423,000 after purchasing an additional 30,452 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in abrdn Global Premier Properties Fund by 5.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 136,265 shares of the investment management company’s stock valued at $878,000 after buying an additional 7,504 shares in the last quarter. Private Advisor Group LLC lifted its holdings in abrdn Global Premier Properties Fund by 30.9% in the 1st quarter. Private Advisor Group LLC now owns 69,416 shares of the investment management company’s stock valued at $447,000 after acquiring an additional 16,399 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in abrdn Global Premier Properties Fund by 4,769.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 80,150 shares of the investment management company’s stock valued at $517,000 after acquiring an additional 78,504 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC acquired a new stake in abrdn Global Premier Properties Fund in the 1st quarter valued at about $65,000.

abrdn Global Premier Properties Fund Company Profile

(Get Free Report)

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.

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