Short Interest in ASA Gold and Precious Metals Limited (NYSE:ASA) Drops By 35.7%

ASA Gold and Precious Metals Limited (NYSE:ASA) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 28,300 shares, a decline of 35.7% from the February 13th total of 44,000 shares. Based on an average daily volume of 61,100 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

ASA Gold and Precious Metals Stock Performance

Shares of ASA Gold and Precious Metals stock traded up $1.34 during trading on Monday, hitting $28.19. The company’s stock had a trading volume of 77,303 shares, compared to its average volume of 53,197. The stock has a 50-day moving average price of $24.07 and a two-hundred day moving average price of $21.82. ASA Gold and Precious Metals has a 52 week low of $14.55 and a 52 week high of $28.30.

Institutional Trading of ASA Gold and Precious Metals

Large investors have recently bought and sold shares of the business. 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 period. LaSalle St. Investment Advisors LLC lifted its position in ASA Gold and Precious Metals by 47.5% in the 4th quarter. LaSalle St. Investment Advisors LLC now owns 2,014 shares of the investment management company’s stock valued at $41,000 after acquiring an additional 649 shares in the last quarter. Covestor Ltd lifted its position in ASA Gold and Precious Metals by 17.2% in the 4th quarter. Covestor Ltd now owns 4,825 shares of the investment management company’s stock valued at $98,000 after acquiring an additional 707 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. bought a new position in ASA Gold and Precious Metals in the 4th quarter valued at about $255,000. Finally, Walleye Capital LLC bought a new position in ASA Gold and Precious Metals in the 4th quarter valued at about $346,000.

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.