ASA Gold and Precious Metals Limited (NYSE:ASA) Short Interest Update

ASA Gold and Precious Metals Limited (NYSE:ASA) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 18,600 shares, a growth of 708.7% from the October 15th total of 2,300 shares. Based on an average daily volume of 48,400 shares, the days-to-cover ratio is currently 0.4 days.

ASA Gold and Precious Metals Stock Performance

ASA traded up $0.06 during midday trading on Thursday, reaching $19.65. 49,135 shares of the company were exchanged, compared to its average volume of 56,879. The company’s fifty day moving average price is $20.97 and its 200 day moving average price is $19.34. ASA Gold and Precious Metals has a one year low of $13.18 and a one year high of $22.78.

ASA Gold and Precious Metals Dividend Announcement

The company also recently announced a Semi-Annual dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Wednesday, November 13th will be issued a $0.02 dividend. The ex-dividend date is Wednesday, November 13th. This represents a dividend yield of 0.2%.

Institutional Trading of ASA Gold and Precious Metals

A number of institutional investors and hedge funds have recently modified their holdings of the business. Covestor Ltd increased its stake in shares of ASA Gold and Precious Metals by 54.3% during the 3rd quarter. Covestor Ltd now owns 4,118 shares of the investment management company’s stock worth $86,000 after purchasing an additional 1,449 shares during the last quarter. Matrix Trust Co purchased a new position in ASA Gold and Precious Metals in the 3rd quarter worth approximately $100,000. Raffles Associates LP bought a new stake in ASA Gold and Precious Metals in the 2nd quarter worth approximately $193,000. Sanctuary Advisors LLC bought a new position in shares of ASA Gold and Precious Metals during the second quarter valued at about $209,000. Finally, PFG Investments LLC increased its stake in shares of ASA Gold and Precious Metals by 24.8% in the second quarter. PFG Investments LLC now owns 40,678 shares of the investment management company’s stock worth $713,000 after buying an additional 8,084 shares during the period.

ASA Gold and Precious Metals Company Profile

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.