ASA Gold and Precious Metals Limited (NYSE:ASA) Short Interest Update

ASA Gold and Precious Metals Limited (NYSE:ASA) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 28,300 shares, a decrease of 35.7% from the February 13th total of 44,000 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 61,100 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On ASA Gold and Precious Metals

A number of institutional investors and hedge funds have recently bought and sold shares of ASA. Steward Partners Investment Advisory LLC raised its stake in ASA Gold and Precious Metals by 140.7% in 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 in the last quarter. LaSalle St. Investment Advisors LLC raised its stake in shares of ASA Gold and Precious Metals by 47.5% during the fourth quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company’s stock worth $41,000 after acquiring an additional 649 shares in the last quarter. Covestor Ltd raised its stake in shares of ASA Gold and Precious Metals by 17.2% during the fourth quarter. Covestor Ltd now owns 4,825 shares of the investment management company’s stock worth $98,000 after acquiring an additional 707 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. purchased a new position in shares of ASA Gold and Precious Metals during the fourth quarter worth approximately $255,000. Finally, Walleye Capital LLC purchased a new position in shares of ASA Gold and Precious Metals during the fourth quarter worth approximately $346,000.

ASA Gold and Precious Metals Trading Up 0.6 %

ASA traded up $0.17 on Friday, reaching $26.82. The company had a trading volume of 33,681 shares, compared to its average volume of 53,457. The business has a 50 day simple moving average of $24.07 and a 200 day simple moving average of $21.79. ASA Gold and Precious Metals has a 52-week low of $14.55 and a 52-week high of $27.15.

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.