ASA Gold and Precious Metals Limited (NYSE:ASA) Short Interest Update

ASA Gold and Precious Metals Limited (NYSE:ASA) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 44,700 shares, an increase of 128.1% from the June 30th total of 19,600 shares. Based on an average daily volume of 47,100 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of ASA Gold and Precious Metals

A number of hedge funds and other institutional investors have recently bought and sold shares of ASA. Atria Wealth Solutions Inc. increased its stake in shares of ASA Gold and Precious Metals by 22.8% during the second quarter. Atria Wealth Solutions Inc. now owns 62,453 shares of the investment management company’s stock valued at $1,095,000 after buying an additional 11,603 shares during the period. Raymond James & Associates increased its stake in shares of ASA Gold and Precious Metals by 1.0% during the second quarter. Raymond James & Associates now owns 737,881 shares of the investment management company’s stock valued at $12,942,000 after buying an additional 6,987 shares during the period. Twelve Points Wealth Management LLC increased its stake in shares of ASA Gold and Precious Metals by 3.4% during the second quarter. Twelve Points Wealth Management LLC now owns 528,444 shares of the investment management company’s stock valued at $9,269,000 after buying an additional 17,315 shares during the period. Matisse Capital purchased a new position in shares of ASA Gold and Precious Metals during the first quarter valued at $715,000. Finally, DORCHESTER WEALTH MANAGEMENT Co increased its stake in shares of ASA Gold and Precious Metals by 10.4% during the first quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 24,125 shares of the investment management company’s stock valued at $371,000 after buying an additional 2,275 shares during the period.

ASA Gold and Precious Metals Stock Performance

ASA stock traded up $0.03 during midday trading on Friday, reaching $18.57. The company’s stock had a trading volume of 25,616 shares, compared to its average volume of 31,569. The stock has a fifty day simple moving average of $18.37 and a two-hundred day simple moving average of $16.56. ASA Gold and Precious Metals has a 1 year low of $12.80 and a 1 year high of $20.54.

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.