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

Liberty All-Star Growth Fund (NYSE:ASG) was the target of a large increase in short interest in 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 currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Liberty All-Star Growth Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. Shaker Financial Services LLC grew its holdings in shares of 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 position 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 in the last quarter. Almitas Capital LLC bought a new position in Liberty All-Star Growth Fund during the 2nd quarter valued at about $2,552,000. Calamos Advisors LLC lifted its holdings in 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 valued at $1,086,000 after purchasing an additional 27,225 shares during the last quarter. Finally, PMG Family Office LLC lifted its holdings in 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 valued at $939,000 after purchasing an additional 17,122 shares during the last quarter. Institutional investors and hedge funds own 21.62% of the company’s stock.

Liberty All-Star Growth Fund Trading Down 2.2%

Shares of NYSE:ASG opened at $4.95 on Friday. The business’s fifty day moving average price is $5.15 and its two-hundred day moving average price is $5.20. Liberty All-Star Growth Fund has a fifty-two week low of $4.55 and a fifty-two week high of $5.69.

About Liberty All-Star Growth Fund

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.