Short Interest in Liberty All-Star Growth Fund, Inc. (NYSE:ASG) Decreases By 15.7%

Liberty All-Star Growth Fund, Inc. (NYSE:ASG) was the recipient of a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 73,700 shares, a drop of 15.7% from the October 15th total of 87,400 shares. Based on an average daily trading volume, of 224,300 shares, the days-to-cover ratio is presently 0.3 days.

Liberty All-Star Growth Fund Stock Performance

NYSE:ASG traded down $0.10 during mid-day trading on Friday, reaching $5.67. The stock had a trading volume of 98,458 shares, compared to its average volume of 255,347. The stock has a 50-day simple moving average of $5.63 and a two-hundred day simple moving average of $5.42. Liberty All-Star Growth Fund has a 12 month low of $4.86 and a 12 month high of $6.08.

Liberty All-Star Growth Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 8.47%.

Institutional Trading of Liberty All-Star Growth Fund

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC acquired a new stake in Liberty All-Star Growth Fund in the third quarter valued at approximately $28,000. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Liberty All-Star Growth Fund by 268.0% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 9,200 shares of the investment management company’s stock valued at $49,000 after acquiring an additional 6,700 shares in the last quarter. Quad Cities Investment Group LLC bought a new stake in Liberty All-Star Growth Fund during the 3rd quarter worth $56,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in Liberty All-Star Growth Fund in the 3rd quarter worth about $59,000. Finally, Creative Planning increased its holdings in Liberty All-Star Growth Fund by 16.8% in 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 in the last quarter. 21.62% of the stock is owned by institutional investors and hedge funds.

About Liberty All-Star Growth Fund

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.