Short Interest in ASA Gold and Precious Metals Limited (NYSE:ASA) Expands By 96.1%

ASA Gold and Precious Metals Limited (NYSE:ASA) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 70,600 shares, an increase of 96.1% from the March 15th total of 36,000 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 66,300 shares, the short-interest ratio is currently 1.1 days.

ASA Gold and Precious Metals Stock Down 1.1 %

NYSE ASA traded down $0.34 during trading hours on Friday, hitting $30.89. The company had a trading volume of 88,615 shares, compared to its average volume of 53,897. The firm’s 50 day moving average is $26.84 and its 200 day moving average is $23.24. ASA Gold and Precious Metals has a fifty-two week low of $16.25 and a fifty-two week high of $31.71.

ASA Gold and Precious Metals Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Wednesday, May 14th. Investors of record on Monday, May 5th will be issued a dividend of $0.03 per share. This is an increase from ASA Gold and Precious Metals’s previous semi-annual dividend of $0.02. This represents a dividend yield of 0.2%. The ex-dividend date is Monday, May 5th.

Institutional Trading of ASA Gold and Precious Metals

Large investors have recently bought and sold shares of the company. Wealthcare Advisory Partners LLC purchased a new position in shares of ASA Gold and Precious Metals in the first quarter valued at $220,000. Matrix Trust Co boosted its position in ASA Gold and Precious Metals by 36.9% in the 1st quarter. Matrix Trust Co now owns 47,899 shares of the investment management company’s stock valued at $1,444,000 after buying an additional 12,911 shares during the last quarter. NBC Securities Inc. boosted its position in 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 valued at $38,000 after buying an additional 1,286 shares during the last quarter. Sessa Capital IM L.P. grew its stake in shares of ASA Gold and Precious Metals by 22.1% during the fourth quarter. Sessa Capital IM L.P. now owns 671,673 shares of the investment management company’s stock valued at $13,581,000 after acquiring an additional 121,673 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in shares of ASA Gold and Precious Metals by 2.6% during the fourth quarter. Cetera Investment Advisers now owns 58,308 shares of the investment management company’s stock worth $1,179,000 after acquiring an additional 1,500 shares during the last quarter.

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.