Liberty All-Star Growth Fund (NYSE:ASG) Shares Shorted: Short Interest Up 62.0% in September

Liberty All-Star Growth Fund (NYSE:ASG) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 29,149 shares, an increase of 62.0% from the September 15th total of 17,997 shares. Based on an average daily trading volume, of 239,894 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Liberty All-Star Growth Fund

Large investors have recently bought and sold shares of the stock. Shaker Financial Services LLC grew its position in Liberty All-Star Growth Fund by 7.5% in the 3rd quarter. Shaker Financial Services LLC now owns 1,642,101 shares of the investment management company’s stock worth $8,293,000 after purchasing an additional 114,455 shares during the last quarter. 1607 Capital Partners LLC increased its holdings in shares of Liberty All-Star Growth Fund by 19.4% during the 4th quarter. 1607 Capital Partners LLC now owns 1,300,216 shares of the investment management company’s stock worth $6,891,000 after purchasing an additional 211,617 shares during the period. Almitas Capital LLC bought a new position in shares of Liberty All-Star Growth Fund during the 2nd quarter worth about $2,552,000. Calamos Advisors LLC increased its holdings in shares of Liberty All-Star Growth Fund by 13.5% during the 1st quarter. Calamos Advisors LLC now owns 228,704 shares of the investment management company’s stock worth $1,086,000 after purchasing an additional 27,225 shares during the period. Finally, PMG Family Office LLC increased its holdings in shares of Liberty All-Star Growth Fund by 9.5% during the 1st quarter. PMG Family Office LLC now owns 197,688 shares of the investment management company’s stock worth $939,000 after purchasing an additional 17,122 shares during the period. 21.62% of the stock is currently owned by institutional investors and hedge funds.

Liberty All-Star Growth Fund Trading Down 2.2%

Shares of Liberty All-Star Growth Fund stock traded down $0.11 during midday trading on Friday, hitting $4.95. The company had a trading volume of 379,018 shares, compared to its average volume of 274,117. The business’s 50 day simple moving average is $5.15 and its two-hundred day simple moving average is $5.20. Liberty All-Star Growth Fund has a 1-year low of $4.55 and a 1-year high of $5.69.

Liberty All-Star Growth Fund Company Profile

Liberty All-Star Growth Fund, Inc (NYSE:ASG) is a diversified, closed-end investment company that seeks long-term capital appreciation. The fund invests primarily in the common stocks of growth-oriented companies, emphasizing businesses that its investment managers believe have attractive prospects for earnings and revenue expansion.

The fund may invest across multiple industries and in companies of different sizes, with a portfolio generally focused on equity securities rather than fixed-income investments.