ASA Gold and Precious Metals Limited (NYSE:ASA) Short Interest Up 45.7% in March


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ASA Gold and Precious Metals Limited (NYSE:ASA) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 36,000 shares, a growth of 45.7% from the March 15th total of 24,700 shares. Based on an average trading volume of 82,100 shares, the days-to-cover ratio is presently 0.4 days.

NYSE ASA traded up $0.24 during trading hours on Friday, reaching $22.06. 94,925 shares of the company’s stock were exchanged, compared to its average volume of 84,476. The company’s 50-day moving average is $20.15 and its two-hundred day moving average is $20.92. ASA Gold and Precious Metals has a one year low of $12.24 and a one year high of $25.45.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, May 21st. Stockholders of record on Thursday, May 20th will be given a dividend of $0.01 per share. This represents a dividend yield of 0.1%. The ex-dividend date is Wednesday, May 19th.

Large investors have recently modified their holdings of the stock. A. D. Beadell Investment Counsel Inc. raised its position in ASA Gold and Precious Metals by 3.1% in the 4th quarter. A. D. Beadell Investment Counsel Inc. now owns 210,367 shares of the investment management company’s stock valued at $4,600,000 after buying an additional 6,267 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of ASA Gold and Precious Metals by 22.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 33,994 shares of the investment management company’s stock valued at $743,000 after purchasing an additional 6,228 shares during the last quarter. Almitas Capital LLC bought a new stake in shares of ASA Gold and Precious Metals in the fourth quarter worth $1,182,000. Pekin Hardy Strauss Inc. acquired a new position in ASA Gold and Precious Metals during the fourth quarter worth $2,053,000. Finally, Landscape Capital Management L.L.C. bought a new position in ASA Gold and Precious Metals in the fourth quarter valued at $953,000.

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.

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