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

ASA Gold and Precious Metals Limited (NYSE:ASA - Get Free Report) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 46,300 shares, a growth of 89.8% from the April 30th total of 24,400 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 65,700 shares, the days-to-cover ratio is currently 0.7 days.

ASA Gold and Precious Metals Price Performance

ASA stock traded up $2.04 during trading on Monday, hitting $33.69. The company had a trading volume of 87,247 shares, compared to its average volume of 53,951. The company has a fifty day moving average price of $29.31 and a two-hundred day moving average price of $25.16. ASA Gold and Precious Metals has a fifty-two week low of $16.97 and a fifty-two week high of $33.83.

ASA Gold and Precious Metals Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Wednesday, May 14th. Shareholders of record on Monday, May 5th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, May 5th. This is a boost from ASA Gold and Precious Metals's previous semi-annual dividend of $0.02. This represents a dividend yield of 0.2%.

Institutional Investors Weigh In On ASA Gold and Precious Metals

Several institutional investors and hedge funds have recently made changes to their positions in the company. Private Advisor Group LLC boosted its stake in ASA Gold and Precious Metals by 8.1% in the fourth quarter. Private Advisor Group LLC now owns 52,030 shares of the investment management company's stock worth $1,052,000 after purchasing an additional 3,909 shares in the last quarter. Sprott Inc. acquired a new position in ASA Gold and Precious Metals during the 4th quarter worth about $3,239,000. Steward Partners Investment Advisory LLC grew its holdings in ASA Gold and Precious Metals by 140.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,307 shares of the investment management company's stock worth $26,000 after acquiring an additional 764 shares during the last quarter. Raymond James Financial Inc. bought a new stake in ASA Gold and Precious Metals during the 4th quarter worth about $12,492,000. Finally, Blue Bell Private Wealth Management LLC increased its position in ASA Gold and Precious Metals by 24.0% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 112,923 shares of the investment management company's stock valued at $2,283,000 after acquiring an additional 21,850 shares in the last quarter.

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.