Liberty All-Star Growth Fund (NYSE:ASG) Sees Significant Growth in Short Interest

Liberty All-Star Growth Fund (NYSE:ASG) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 29,149 shares, a growth of 62.0% from the September 15th total of 17,997 shares. Based on an average trading volume of 239,894 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Liberty All-Star Growth Fund

Several large investors have recently bought and sold shares of ASG. Wedbush Securities Inc. grew its holdings in shares of Liberty All-Star Growth Fund by 3.3% during the second quarter. Wedbush Securities Inc. now owns 74,592 shares of the investment management company’s stock worth $408,000 after purchasing an additional 2,377 shares during the last quarter. NWF Advisory Services Inc. acquired a new stake in shares of Liberty All-Star Growth Fund during the second quarter worth about $55,000. Readystate Asset Management LP purchased a new stake in shares of Liberty All-Star Growth Fund in the 2nd quarter valued at about $289,000. HighTower Advisors LLC lifted its holdings in shares of Liberty All-Star Growth Fund by 73.8% in the 2nd quarter. HighTower Advisors LLC now owns 29,569 shares of the investment management company’s stock valued at $162,000 after purchasing an additional 12,559 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in shares of Liberty All-Star Growth Fund in the 2nd quarter valued at about $166,000. Institutional investors and hedge funds own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Trading Up 0.9%

Shares of Liberty All-Star Growth Fund stock opened at $5.04 on Friday. Liberty All-Star Growth Fund has a 52 week low of $4.55 and a 52 week high of $5.69. The firm’s 50 day moving average is $5.16 and its two-hundred day moving average is $5.20.

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.