Liberty All-Star Growth Fund, Inc. (NYSE:ASG) Sees Significant Increase in Short Interest

Liberty All-Star Growth Fund, Inc. (NYSE:ASG) was the target of a significant 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 days-to-cover ratio is presently 0.2 days.

Liberty All-Star Growth Fund Stock Up 0.7 %

ASG opened at $5.11 on Thursday. Liberty All-Star Growth Fund has a twelve month low of $4.97 and a twelve month high of $6.08. The company has a 50-day simple moving average of $5.62 and a 200 day simple moving average of $5.64.

Liberty All-Star Growth Fund Dividend Announcement

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

Institutional Investors Weigh In On Liberty All-Star Growth Fund

Large investors have recently modified their holdings of the business. Penserra Capital Management LLC acquired a new position in shares of Liberty All-Star Growth Fund during the 3rd quarter worth $4,448,000. Janney Montgomery Scott LLC lifted its holdings in shares of Liberty All-Star Growth Fund by 58.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 22,293 shares of the investment management company’s stock worth $126,000 after acquiring an additional 8,210 shares during the last quarter. International Assets Investment Management LLC grew its holdings in shares of Liberty All-Star Growth Fund by 473.5% during the 3rd quarter. International Assets Investment Management LLC now owns 15,105 shares of the investment management company’s stock valued at $85,000 after purchasing an additional 12,471 shares during the last quarter. Calamos Advisors LLC increased its position in Liberty All-Star Growth Fund by 23.8% during the 4th quarter. Calamos Advisors LLC now owns 90,922 shares of the investment management company’s stock worth $514,000 after purchasing an additional 17,485 shares in the last quarter. Finally, Creative Planning lifted its stake 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 valued at $73,000 after purchasing an additional 1,861 shares during the last quarter. Institutional investors and hedge funds own 21.62% of the company’s stock.

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.