Liberty All-Star Growth Fund (NYSE:ASG) Stock Short Interest Report for October

Liberty All-Star Growth Fund (NYSE:ASG) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 122,030 shares, a growth of 318.6% from the September 30th total of 29,149 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 311,114 shares, the days-to-cover ratio is presently 0.4 days.

Liberty All-Star Growth Fund Trading Down 0.1%

Shares of ASG stock opened at $5.03 on Wednesday. The firm’s 50-day simple moving average is $5.09 and its 200-day simple moving average is $5.17. Liberty All-Star Growth Fund has a 1-year low of $4.55 and a 1-year high of $5.69.

Institutional Trading of Liberty All-Star Growth Fund

Several hedge funds have recently added to or reduced their stakes in the business. NWF Advisory Services Inc. bought a new position in shares of Liberty All-Star Growth Fund during the second quarter valued at $55,000. Independent Financial Group LLC acquired a new stake in shares of Liberty All-Star Growth Fund in the 1st quarter valued at about $66,000. David J Yvars Group acquired a new position in shares of Liberty All-Star Growth Fund during the 3rd quarter worth approximately $69,000. Tactive Advisors LLC bought a new stake in shares of Liberty All-Star Growth Fund during the 3rd quarter worth about $74,000. Finally, HighTower Advisors LLC increased its holdings in shares of Liberty All-Star Growth Fund by 73.8% during the second quarter. HighTower Advisors LLC now owns 29,569 shares of the investment management company’s stock worth $162,000 after purchasing an additional 12,559 shares during the period. Institutional investors own 21.62% of the company’s stock.

About Liberty All-Star Growth Fund

Liberty All-Star Growth Fund (NYSE: ASG) is a diversified, closed-end investment fund that seeks long-term capital growth. The fund invests primarily in a portfolio of growth-oriented companies, generally emphasizing businesses that management believes have the potential to increase earnings and expand over time.

The fund uses a multi-manager investment approach, with professional investment firms responsible for selecting securities within different segments of the portfolio. Its holdings may include companies of various sizes and can span multiple industries and geographic markets, although the portfolio is primarily focused on publicly traded equities.

Liberty All-Star Growth Fund has operated as a publicly traded closed-end fund since 1986.