Liberty All-Star Growth Fund, Inc. (NYSE:ASG - Get Free Report) saw a significant decline in short interest in January. As of January 31st, there was short interest totalling 37,200 shares, a decline of 80.9% from the January 15th total of 195,000 shares. Based on an average daily trading volume, of 270,100 shares, the short-interest ratio is currently 0.1 days.
Liberty All-Star Growth Fund Stock Down 0.3 %
Shares of ASG stock traded down $0.02 on Friday, reaching $5.61. The company had a trading volume of 192,653 shares, compared to its average volume of 333,517. The business's 50-day moving average is $5.74 and its 200 day moving average is $5.63. Liberty All-Star Growth Fund has a one year low of $4.97 and a one year high of $6.08.
Liberty All-Star Growth Fund Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 24th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.56%. The ex-dividend date is Friday, January 24th.
Institutional Trading of Liberty All-Star Growth Fund
A number of hedge funds and other institutional investors have recently bought and sold shares of ASG. Creative Planning raised its stake in shares of 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 purchasing an additional 1,861 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted 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 in the last quarter. GAMMA Investing LLC bought a new position in Liberty All-Star Growth Fund in the 3rd quarter valued at $28,000. Commonwealth Equity Services LLC increased its stake in Liberty All-Star Growth Fund by 68.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 17,422 shares of the investment management company's stock worth $98,000 after acquiring an additional 7,100 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Liberty All-Star Growth Fund by 58.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 22,293 shares of the investment management company's stock valued at $126,000 after purchasing an additional 8,210 shares during the last quarter. Institutional investors own 21.62% of the company's stock.
About Liberty All-Star Growth Fund
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Get Free Report)
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.
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