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

abrdn Global Premier Properties Fund (NYSE:AWP) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 593,700 shares, an increase of 8.7% from the August 31st total of 546,200 shares. Based on an average trading volume of 402,900 shares, the short-interest ratio is currently 1.5 days.

abrdn Global Premier Properties Fund Price Performance

NYSE AWP traded down $0.05 during trading hours on Tuesday, reaching $4.57. The company’s stock had a trading volume of 210,252 shares, compared to its average volume of 328,310. abrdn Global Premier Properties Fund has a fifty-two week low of $3.06 and a fifty-two week high of $4.68. The company’s 50-day moving average is $4.32 and its two-hundred day moving average is $3.97.

abrdn Global Premier Properties Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 23rd were paid a $0.04 dividend. The ex-dividend date was Monday, September 23rd. This represents a $0.48 dividend on an annualized basis and a yield of 10.51%.

Institutional Investors Weigh In On abrdn Global Premier Properties Fund

Several hedge funds have recently modified their holdings of the company. Oppenheimer & Co. Inc. boosted its stake in shares of abrdn Global Premier Properties Fund by 3.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 179,765 shares of the investment management company’s stock worth $712,000 after purchasing an additional 5,341 shares during the last quarter. OneAscent Financial Services LLC boosted its stake in shares of abrdn Global Premier Properties Fund by 92.2% during the 1st quarter. OneAscent Financial Services LLC now owns 131,170 shares of the investment management company’s stock worth $519,000 after purchasing an additional 62,910 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of abrdn Global Premier Properties Fund by 2.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 98,061 shares of the investment management company’s stock worth $375,000 after purchasing an additional 2,394 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of abrdn Global Premier Properties Fund during the 2nd quarter worth about $364,000. Finally, J.W. Cole Advisors Inc. lifted its holdings in shares of abrdn Global Premier Properties Fund by 249.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 80,072 shares of the investment management company’s stock worth $306,000 after acquiring an additional 57,188 shares during the period.

abrdn Global Premier Properties Fund Company Profile

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.