Short Interest in ASA Gold and Precious Metals Limited (NYSE:ASA) Rises By 67.8%

ASA Gold and Precious Metals Limited (NYSE:ASAGet Rating) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 19,800 shares, a growth of 67.8% from the March 31st total of 11,800 shares. Based on an average trading volume of 78,100 shares, the days-to-cover ratio is currently 0.3 days.

Shares of NYSE ASA opened at $20.56 on Friday. ASA Gold and Precious Metals has a twelve month low of $18.46 and a twelve month high of $24.70. The firm has a 50-day moving average of $22.33 and a two-hundred day moving average of $21.49.

The firm also recently declared a Semi-Annual dividend, which will be paid on Thursday, May 19th. Shareholders of record on Monday, May 9th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Friday, May 6th.

A number of hedge funds and other institutional investors have recently modified their holdings of ASA. Lincoln National Corp acquired a new stake in ASA Gold and Precious Metals in the 4th quarter valued at about $220,000. Blue Bell Private Wealth Management LLC lifted its holdings in ASA Gold and Precious Metals by 26.6% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 11,955 shares of the investment management company’s stock valued at $225,000 after acquiring an additional 2,510 shares during the last quarter. Millennium Management LLC acquired a new stake in ASA Gold and Precious Metals in the 4th quarter valued at about $230,000. Cetera Investment Advisers acquired a new stake in ASA Gold and Precious Metals in the 4th quarter valued at about $231,000. Finally, Envestnet Asset Management Inc. acquired a new stake in ASA Gold and Precious Metals in the 4th quarter valued at about $239,000. 25.00% of the stock is owned by institutional investors.

ASA Gold and Precious Metals Company Profile (Get Rating)

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds.

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