Liberty All-Star Equity Fund (NYSE:USA) Short Interest Down 58.4% in August

Liberty All-Star Equity Fund (NYSE:USA) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 52,318 shares, a decrease of 58.4% from the August 15th total of 125,724 shares. Based on an average daily trading volume, of 1,020,467 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of Liberty All-Star Equity Fund

Large investors have recently bought and sold shares of the stock. PMG Family Office LLC increased its holdings in Liberty All-Star Equity Fund by 9.6% in the 1st quarter. PMG Family Office LLC now owns 265,646 shares of the closed-end fund’s stock worth $1,474,000 after buying an additional 23,253 shares during the period. Evolve Private Wealth LLC lifted its stake in Liberty All-Star Equity Fund by 75.7% during the 1st quarter. Evolve Private Wealth LLC now owns 46,460 shares of the closed-end fund’s stock valued at $258,000 after acquiring an additional 20,024 shares during the period. World Investment Advisors boosted its holdings in shares of Liberty All-Star Equity Fund by 19.5% in the 4th quarter. World Investment Advisors now owns 14,570 shares of the closed-end fund’s stock valued at $92,000 after acquiring an additional 2,375 shares during the last quarter. Sit Investment Associates Inc. purchased a new stake in shares of Liberty All-Star Equity Fund in the 4th quarter valued at $1,396,000. Finally, Harbour Wealth Management Group Inc. acquired a new stake in shares of Liberty All-Star Equity Fund in the fourth quarter worth $101,000. Hedge funds and other institutional investors own 9.95% of the company’s stock.

Liberty All-Star Equity Fund Trading Down 0.4%

Liberty All-Star Equity Fund stock traded down $0.03 during midday trading on Tuesday, reaching $5.87. The company’s stock had a trading volume of 1,835,259 shares, compared to its average volume of 987,796. The stock’s 50-day simple moving average is $5.92 and its 200-day simple moving average is $5.81. Liberty All-Star Equity Fund has a 52-week low of $5.40 and a 52-week high of $6.56.

Liberty All-Star Equity Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Thursday, July 16th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 11.6%. The ex-dividend date of this dividend was Thursday, July 16th. This is an increase from Liberty All-Star Equity Fund’s previous quarterly dividend of $0.15.

Liberty All-Star Equity Fund Company Profile

Liberty All-Star Equity Fund (NYSE: USA) is a diversified closed-end investment company that seeks long-term capital growth and income by investing primarily in the common stocks of U.S. companies. The fund provides investors with a professionally managed portfolio of equity securities across multiple industries and sectors.

The fund uses a multi-manager investment structure, allocating assets among independent investment management firms with different styles and approaches. This structure is designed to combine growth-oriented and value-oriented strategies while providing exposure to companies of varying sizes and business characteristics.