abrdn Global Premier Properties Fund (NYSE:AWP) Short Interest Update

abrdn Global Premier Properties Fund (NYSE:AWP) was the target of a large increase in short interest in 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 short-interest ratio is currently 2.2 days.

abrdn Global Premier Properties Fund Price Performance

abrdn Global Premier Properties Fund stock opened at $4.18 on Friday. The firm has a 50 day simple moving average of $4.41 and a 200-day simple moving average of $4.11. abrdn Global Premier Properties Fund has a 1-year low of $3.51 and a 1-year high of $4.68.

abrdn Global Premier Properties Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be issued a $0.04 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.48 annualized dividend and a dividend yield of 11.48%.

Hedge Funds Weigh In On abrdn Global Premier Properties Fund

Large investors have recently made changes to their positions in the stock. Hudson Edge Investment Partners Inc. acquired a new position in shares of abrdn Global Premier Properties Fund in the 2nd quarter worth approximately $36,000. SVB Wealth LLC acquired a new position in shares of abrdn Global Premier Properties Fund in the first quarter worth $41,000. Atomi Financial Group Inc. acquired a new stake in shares of abrdn Global Premier Properties Fund in the second quarter valued at $40,000. TFB Advisors LLC purchased a new position in abrdn Global Premier Properties Fund in the second quarter valued at $46,000. Finally, Leavell Investment Management Inc. acquired a new position in abrdn Global Premier Properties Fund during the 3rd quarter worth $78,000.

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.