Liberty All-Star Growth Fund (NYSE:ASG) Stock Short Interest Report for October

Liberty All-Star Growth Fund (NYSE:ASG) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 122,030 shares, an increase of 318.6% from the September 30th total of 29,149 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 311,114 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Liberty All-Star Growth Fund

Institutional investors have recently modified their holdings of the stock. NWF Advisory Services Inc. acquired a new position in shares of Liberty All-Star Growth Fund during the second quarter valued at about $55,000. Independent Financial Group LLC acquired a new stake in shares of Liberty All-Star Growth Fund during the first quarter valued at about $66,000. David J Yvars Group acquired a new position in shares of Liberty All-Star Growth Fund in the third quarter valued at approximately $69,000. Tactive Advisors LLC acquired a new position in shares of Liberty All-Star Growth Fund during the third quarter worth about $74,000. Finally, HighTower Advisors LLC increased its stake in Liberty All-Star Growth Fund by 73.8% in the second quarter. HighTower Advisors LLC now owns 29,569 shares of the investment management company’s stock valued at $162,000 after purchasing an additional 12,559 shares during the last quarter. 21.62% of the stock is owned by hedge funds and other institutional investors.

Liberty All-Star Growth Fund Price Performance

Liberty All-Star Growth Fund stock opened at $5.03 on Wednesday. The firm has a fifty day simple moving average of $5.09 and a two-hundred day simple moving average of $5.17. Liberty All-Star Growth Fund has a twelve month low of $4.55 and a twelve month high of $5.69.

Liberty All-Star Growth Fund Company Profile

Liberty All-Star Growth Fund (NYSE: ASG) is a diversified, closed-end investment fund that seeks long-term capital growth. The fund invests primarily in a portfolio of growth-oriented companies, generally emphasizing businesses that management believes have the potential to increase earnings and expand over time.

The fund uses a multi-manager investment approach, with professional investment firms responsible for selecting securities within different segments of the portfolio. Its holdings may include companies of various sizes and can span multiple industries and geographic markets, although the portfolio is primarily focused on publicly traded equities.

Liberty All-Star Growth Fund has operated as a publicly traded closed-end fund since 1986.