Short Interest in Liberty All-Star Equity Fund (NYSE:USA) Expands By 99.3%

Liberty All-Star Equity Fund (NYSE:USA) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 160,600 shares, a growth of 99.3% from the September 15th total of 80,600 shares. Based on an average daily trading volume, of 776,200 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Creative Planning lifted its position in Liberty All-Star Equity Fund by 4.2% during the second quarter. Creative Planning now owns 72,219 shares of the closed-end fund’s stock valued at $491,000 after purchasing an additional 2,940 shares during the period. Eclectic Associates Inc. ADV raised its holdings in shares of Liberty All-Star Equity Fund by 18.5% in the 3rd quarter. Eclectic Associates Inc. ADV now owns 18,955 shares of the closed-end fund’s stock valued at $135,000 after purchasing an additional 2,962 shares in the last quarter. Comerica Bank raised its stake in Liberty All-Star Equity Fund by 11.2% during the 1st quarter. Comerica Bank now owns 33,393 shares of the closed-end fund’s stock worth $239,000 after acquiring an additional 3,355 shares in the last quarter. Private Advisor Group LLC raised its stake in Liberty All-Star Equity Fund by 1.5% during the 1st quarter. Private Advisor Group LLC now owns 281,498 shares of the closed-end fund’s stock worth $2,013,000 after acquiring an additional 4,096 shares in the last quarter. Finally, Larson Financial Group LLC acquired a new position in Liberty All-Star Equity Fund in the second quarter valued at $29,000. Institutional investors own 9.95% of the company’s stock.

Liberty All-Star Equity Fund Stock Up 0.4 %

Shares of USA stock traded up $0.03 during midday trading on Friday, reaching $7.23. 410,133 shares of the stock were exchanged, compared to its average volume of 619,178. The company’s 50 day moving average is $6.91 and its two-hundred day moving average is $6.85. Liberty All-Star Equity Fund has a 1 year low of $5.62 and a 1 year high of $7.24.

Liberty All-Star Equity Fund Company Profile

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.