Liberty All-Star Growth Fund, Inc. (NYSE:ASG) Short Interest Update

Liberty All-Star Growth Fund, Inc. (NYSE:ASG) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 73,700 shares, a decline of 15.7% from the October 15th total of 87,400 shares. Based on an average trading volume of 224,300 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Liberty All-Star Growth Fund

A number of institutional investors have recently added to or reduced their stakes in ASG. Penserra Capital Management LLC bought a new position in Liberty All-Star Growth Fund in the third quarter valued at $4,448,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Liberty All-Star Growth Fund in the third quarter valued at $59,000. Dakota Wealth Management increased its position in Liberty All-Star Growth Fund by 32.8% during the 3rd quarter. Dakota Wealth Management now owns 68,884 shares of the investment management company’s stock valued at $386,000 after purchasing an additional 16,999 shares during the period. International Assets Investment Management LLC raised its holdings in Liberty All-Star Growth Fund by 473.5% in the 3rd quarter. International Assets Investment Management LLC now owns 15,105 shares of the investment management company’s stock worth $85,000 after purchasing an additional 12,471 shares in the last quarter. Finally, Quad Cities Investment Group LLC purchased a new stake in shares of Liberty All-Star Growth Fund in the 3rd quarter worth about $56,000. 21.62% of the stock is currently owned by institutional investors.

Liberty All-Star Growth Fund Stock Up 0.2 %

Liberty All-Star Growth Fund stock traded up $0.01 during midday trading on Monday, hitting $5.68. 88,942 shares of the stock were exchanged, compared to its average volume of 254,601. The business’s 50-day moving average price is $5.63 and its 200-day moving average price is $5.42. Liberty All-Star Growth Fund has a 52-week low of $4.89 and a 52-week high of $6.08.

Liberty All-Star Growth Fund Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, November 15th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.48 annualized dividend and a dividend yield of 8.45%.

About Liberty All-Star Growth Fund

Liberty All-Star Growth Fund, Inc is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc It is co-managed by Weatherbie Capital, LLC, Congress Asset Management Company, and Sustainable Growth Advisers, LP. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.