Short Interest in Aberdeen Global Premier Properties Fund (NYSE:AWP) Grows By 70.0%

Aberdeen Global Premier Properties Fund (NYSE:AWP) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 56,100 shares, a growth of 70.0% from the August 15th total of 33,000 shares. Based on an average daily trading volume, of 341,600 shares, the short-interest ratio is presently 0.2 days.

Shares of Aberdeen Global Premier Properties Fund stock traded down $0.19 during trading hours on Friday, reaching $6.53. The company’s stock had a trading volume of 455,569 shares, compared to its average volume of 400,227. Aberdeen Global Premier Properties Fund has a one year low of $4.31 and a one year high of $6.92. The stock’s fifty day simple moving average is $6.65 and its two-hundred day simple moving average is $6.36.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, September 30th. Shareholders of record on Monday, September 20th will be paid a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date is Friday, September 17th.

Several institutional investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. lifted its position in shares of Aberdeen Global Premier Properties Fund by 226.2% during the second quarter. Rockefeller Capital Management L.P. now owns 8,807 shares of the investment management company’s stock valued at $56,000 after purchasing an additional 6,107 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Aberdeen Global Premier Properties Fund during the first quarter valued at about $66,000. Ameritas Investment Company LLC bought a new position in shares of Aberdeen Global Premier Properties Fund during the second quarter valued at about $66,000. WNY Asset Management LLC bought a new position in shares of Aberdeen Global Premier Properties Fund during the second quarter valued at about $75,000. Finally, Millennium Management LLC bought a new position in shares of Aberdeen Global Premier Properties Fund during the second quarter valued at about $79,000.

About Aberdeen Global Premier Properties Fund

Aberdeen Global Premier Properties Fund is a closed-end management investment company. Its primary investment objective is capital appreciation and its secondary investment objective is high current income. The company was founded on February 13, 2007 and is headquartered in Philadelphia, PA.

Featured Story: Liquidity

Receive News & Ratings for Aberdeen Global Premier Properties Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aberdeen Global Premier Properties Fund and related companies with MarketBeat.com's FREE daily email newsletter.