ASA Gold and Precious Metals Limited (NYSE:ASA) Sees Significant Increase in Short Interest

ASA Gold and Precious Metals Limited (NYSE:ASA) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 36,000 shares, an increase of 27.2% from the February 28th total of 28,300 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 60,500 shares, the short-interest ratio is currently 0.6 days.

ASA Gold and Precious Metals Stock Down 3.8 %

Shares of ASA opened at $28.15 on Thursday. The stock has a 50 day moving average of $25.86 and a 200 day moving average of $22.65. ASA Gold and Precious Metals has a 12 month low of $15.57 and a 12 month high of $30.99.

ASA Gold and Precious Metals Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Wednesday, May 14th. Investors of record on Monday, May 5th will be issued a $0.03 dividend. This is an increase from ASA Gold and Precious Metals’s previous semi-annual dividend of $0.02. This represents a dividend yield of 0.2%. The ex-dividend date is Monday, May 5th.

Institutional Trading of ASA Gold and Precious Metals

A number of large investors have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC grew its holdings in ASA Gold and Precious Metals by 140.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,307 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 764 shares during the period. LaSalle St. Investment Advisors LLC lifted its position in shares of ASA Gold and Precious Metals by 47.5% during the 4th quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company’s stock valued at $41,000 after buying an additional 649 shares during the last quarter. Covestor Ltd grew its stake in shares of ASA Gold and Precious Metals by 17.2% during the 4th quarter. Covestor Ltd now owns 4,825 shares of the investment management company’s stock worth $98,000 after acquiring an additional 707 shares during the period. Thomas J. Herzfeld Advisors Inc. purchased a new stake in ASA Gold and Precious Metals in the 4th quarter worth about $255,000. Finally, Walleye Capital LLC bought a new stake in ASA Gold and Precious Metals in the 4th quarter valued at about $346,000.

ASA Gold and Precious Metals Company Profile

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.