ASA Gold and Precious Metals Limited (NYSE:ASA) Short Interest Up 27.2% in March

ASA Gold and Precious Metals Limited (NYSE:ASA) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 36,000 shares, a growth of 27.2% from the February 28th total of 28,300 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 60,500 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of ASA Gold and Precious Metals

A number of institutional investors and hedge funds have recently modified their holdings of ASA. Steward Partners Investment Advisory LLC raised its holdings in ASA Gold and Precious Metals by 140.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,307 shares of the investment management company’s stock worth $26,000 after acquiring an additional 764 shares during the period. LaSalle St. Investment Advisors LLC increased its stake in shares of ASA Gold and Precious Metals by 47.5% in the fourth quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company’s stock worth $41,000 after purchasing an additional 649 shares during the period. Covestor Ltd lifted its position in shares of ASA Gold and Precious Metals by 17.2% during the 4th quarter. Covestor Ltd now owns 4,825 shares of the investment management company’s stock worth $98,000 after purchasing an additional 707 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. bought a new stake in ASA Gold and Precious Metals during the 4th quarter valued at approximately $255,000. Finally, Walleye Capital LLC bought a new stake in ASA Gold and Precious Metals during the 4th quarter valued at approximately $346,000.

ASA Gold and Precious Metals Stock Down 0.8 %

Shares of ASA stock traded down $0.23 during trading on Tuesday, reaching $29.91. The company had a trading volume of 9,958 shares, compared to its average volume of 53,852. The firm’s 50 day simple moving average is $25.60 and its two-hundred day simple moving average is $22.55. ASA Gold and Precious Metals has a one year low of $15.35 and a one year high of $30.99.

About ASA Gold and Precious Metals

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.