ASA Gold and Precious Metals Limited (NYSE:ASA) Sees Significant Drop in Short Interest

ASA Gold and Precious Metals Limited (NYSE:ASA - Get Free Report) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 6,800 shares, a decrease of 90.4% from the March 31st total of 70,600 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 68,900 shares, the days-to-cover ratio is presently 0.1 days.

ASA Gold and Precious Metals Price Performance

ASA traded down $1.00 on Thursday, hitting $28.98. The company had a trading volume of 103,728 shares, compared to its average volume of 53,616. The stock has a fifty day moving average price of $27.64 and a 200-day moving average price of $23.83. ASA Gold and Precious Metals has a 12-month low of $16.97 and a 12-month high of $31.94.

ASA Gold and Precious Metals Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Wednesday, May 14th. Stockholders of record on Monday, May 5th will be paid a dividend of $0.03 per share. This is a positive change from ASA Gold and Precious Metals's previous semi-annual dividend of $0.02. The ex-dividend date of this dividend is Monday, May 5th. This represents a dividend yield of 0.2%.

Institutional Investors Weigh In On ASA Gold and Precious Metals

A number of large investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC boosted its holdings in ASA Gold and Precious Metals by 140.7% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,307 shares of the investment management company's stock valued at $26,000 after purchasing an additional 764 shares during the last quarter. NBC Securities Inc. lifted its holdings in shares of ASA Gold and Precious Metals by 128,600.0% in the 1st quarter. NBC Securities Inc. now owns 1,287 shares of the investment management company's stock worth $38,000 after acquiring an additional 1,286 shares during the last quarter. LaSalle St. Investment Advisors LLC lifted its holdings in shares of ASA Gold and Precious Metals by 47.5% in the 4th quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company's stock worth $41,000 after acquiring an additional 649 shares during the last quarter. Covestor Ltd lifted its holdings in shares of ASA Gold and Precious Metals by 17.2% in the 4th quarter. Covestor Ltd now owns 4,825 shares of the investment management company's stock worth $98,000 after acquiring an additional 707 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC acquired a new position in shares of ASA Gold and Precious Metals in the 1st quarter worth approximately $220,000.

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.