Liberty All-Star Growth Fund, Inc. (NYSE:ASG) Short Interest Up 31.7% in February

Liberty All-Star Growth Fund, Inc. (NYSE:ASG) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 49,000 shares, an increase of 31.7% from the January 31st total of 37,200 shares. Based on an average daily volume of 280,700 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Liberty All-Star Growth Fund

Institutional investors have recently added to or reduced their stakes in the business. Elequin Capital LP acquired a new position in shares of Liberty All-Star Growth Fund during the 4th quarter worth $53,000. Waverly Advisors LLC acquired a new position in shares of Liberty All-Star Growth Fund during the 4th quarter valued at about $92,000. Citadel Advisors LLC acquired a new position in Liberty All-Star Growth Fund in the 4th quarter valued at $132,000. Ameriprise Financial Inc. increased its position in Liberty All-Star Growth Fund by 22.0% in the 4th quarter. Ameriprise Financial Inc. now owns 61,043 shares of the investment management company’s stock worth $345,000 after buying an additional 11,012 shares during the period. Finally, Jane Street Group LLC acquired a new position in Liberty All-Star Growth Fund during the 4th quarter valued at $139,000. 21.62% of the stock is currently owned by institutional investors and hedge funds.

Liberty All-Star Growth Fund Stock Up 0.7 %

Shares of ASG traded up $0.04 during midday trading on Wednesday, reaching $5.11. 320,796 shares of the stock were exchanged, compared to its average volume of 251,963. Liberty All-Star Growth Fund has a 12-month low of $4.97 and a 12-month high of $6.08. The firm has a 50 day simple moving average of $5.63 and a 200-day simple moving average of $5.64.

Liberty All-Star Growth Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 24th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 9.40%. The ex-dividend date is Friday, January 24th.

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.