Short Interest in Liberty All-Star Growth Fund, Inc. (NYSE:ASG) Grows By 31.7%

Liberty All-Star Growth Fund, Inc. (NYSE:ASG) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 49,000 shares, an increase of 31.7% from the January 31st total of 37,200 shares. Based on an average daily volume of 280,700 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Liberty All-Star Growth Fund

Large investors have recently modified their holdings of the stock. Elequin Capital LP acquired a new stake in shares of Liberty All-Star Growth Fund during the fourth quarter worth $53,000. Two Sigma Securities LLC acquired a new stake in Liberty All-Star Growth Fund during the 4th quarter worth about $66,000. Creative Planning raised its holdings in Liberty All-Star Growth Fund by 16.8% during the 3rd quarter. Creative Planning now owns 12,959 shares of the investment management company’s stock worth $73,000 after buying an additional 1,861 shares during the period. Silver Oak Securities Incorporated purchased a new stake in Liberty All-Star Growth Fund during the fourth quarter valued at about $73,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in shares of Liberty All-Star Growth Fund by 24.5% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 13,149 shares of the investment management company’s stock worth $74,000 after buying an additional 2,591 shares during the period. 21.62% of the stock is owned by institutional investors.

Liberty All-Star Growth Fund Stock Up 0.7 %

Shares of NYSE ASG traded up $0.04 during midday trading on Wednesday, reaching $5.11. The company’s stock had a trading volume of 320,796 shares, compared to its average volume of 251,963. Liberty All-Star Growth Fund has a one year low of $4.97 and a one year high of $6.08. The company has a 50 day moving average price of $5.63 and a 200 day moving average price of $5.64.

Liberty All-Star Growth Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 24th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, January 24th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 9.40%.

Liberty All-Star Growth Fund Company Profile

Liberty All-Star Growth Fund, Inc is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.