ASA Gold and Precious Metals Limited (NYSE:ASA) Short Interest Down 90.4% in April

ASA Gold and Precious Metals Limited (NYSE:ASA) saw a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 6,800 shares, a drop of 90.4% from the March 31st total of 70,600 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 68,900 shares, the days-to-cover ratio is presently 0.1 days.

ASA Gold and Precious Metals Stock Performance

Shares of ASA stock opened at $29.37 on Monday. ASA Gold and Precious Metals has a fifty-two week low of $16.90 and a fifty-two week high of $31.94. The stock’s 50-day simple moving average is $27.37 and its 200-day simple moving average is $23.68.

ASA Gold and Precious Metals Increases Dividend

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

Institutional Trading of ASA Gold and Precious Metals

Large investors have recently added to or reduced their stakes in the company. LaSalle St. Investment Advisors LLC increased its holdings 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 worth $41,000 after buying an additional 649 shares during the period. Covestor Ltd boosted its holdings in shares of 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 during the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of ASA Gold and Precious Metals by 140.7% in the fourth 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. NBC Securities Inc. raised its holdings in shares of ASA Gold and Precious Metals by 128,600.0% during the first quarter. NBC Securities Inc. now owns 1,287 shares of the investment management company’s stock worth $38,000 after purchasing an additional 1,286 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in 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 valued at $1,179,000 after purchasing an additional 1,500 shares during the period.

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.