Short Interest in ASA Gold and Precious Metals Limited (NYSE:ASA) Rises By 12.4%

ASA Gold and Precious Metals Limited (NYSE:ASA) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 20,900 shares, a growth of 12.4% from the October 31st total of 18,600 shares. Based on an average daily trading volume, of 49,000 shares, the days-to-cover ratio is currently 0.4 days.

ASA Gold and Precious Metals Price Performance

Shares of NYSE ASA traded up $0.04 during trading hours on Tuesday, hitting $20.12. 89,763 shares of the stock were exchanged, compared to its average volume of 55,652. ASA Gold and Precious Metals has a one year low of $13.18 and a one year high of $22.78. The company’s 50 day moving average is $21.00 and its 200 day moving average is $19.55.

ASA Gold and Precious Metals Dividend Announcement

The firm also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 13th were paid a $0.02 dividend. The ex-dividend date was Wednesday, November 13th. This represents a dividend yield of 0.2%.

Hedge Funds Weigh In On ASA Gold and Precious Metals

Several large investors have recently made changes to their positions in ASA. Public Employees Retirement System of Ohio acquired a new position in shares of ASA Gold and Precious Metals during the third quarter worth approximately $10,156,000. International Assets Investment Management LLC bought a new position in ASA Gold and Precious Metals during the third quarter worth $9,930,000. Wolverine Asset Management LLC boosted its holdings in ASA Gold and Precious Metals by 47.0% in the 3rd quarter. Wolverine Asset Management LLC now owns 134,395 shares of the investment management company’s stock valued at $2,793,000 after purchasing an additional 42,991 shares during the period. Private Advisor Group LLC boosted its holdings in ASA Gold and Precious Metals by 344.7% in the 3rd quarter. Private Advisor Group LLC now owns 48,121 shares of the investment management company’s stock valued at $1,000,000 after purchasing an additional 37,300 shares during the period. Finally, Capstone Investment Advisors LLC acquired a new stake in ASA Gold and Precious Metals in the 3rd quarter worth $753,000.

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.