After Reaching Milestone, Is Asa Gold and Precious Metals Limited (NYSE:ASA)’s Short Interest Revealing Something?

September 16, 2018 - By Jason Dias

Investors sentiment increased to 1.56 in Q2 2018. Its up 0.56, from 1 in 2018Q1. It increased, as 2 investors sold ASA Gold and Precious Metals Limited shares while 7 reduced holdings. 4 funds opened positions while 10 raised stakes. 4.93 million shares or 2.02% less from 5.03 million shares in 2018Q1 were reported.
Wells Fargo Mn holds 0% or 24,797 shares in its portfolio. Css Ltd Il holds 0.05% of its portfolio in ASA Gold and Precious Metals Limited (NYSE:ASA) for 95,036 shares. Wolverine Asset Mgmt Limited Com reported 375,371 shares stake. Stephens Ar invested in 0.01% or 17,250 shares. Tower Research Capital Ltd Liability Corporation (Trc) has 1,115 shares. Pennsylvania-based Susquehanna International Gru Llp has invested 0% in ASA Gold and Precious Metals Limited (NYSE:ASA). Ionic Cap Limited Liability reported 65,882 shares. Rmb Cap Management Ltd Liability has invested 0.04% in ASA Gold and Precious Metals Limited (NYSE:ASA). Ws Lllp accumulated 839,946 shares. Blue Bell Private Wealth Management Ltd Com holds 0.04% or 8,175 shares in its portfolio. The Ontario – Canada-based Financial Bank Of Montreal Can has invested 0% in ASA Gold and Precious Metals Limited (NYSE:ASA). Of Vermont invested in 900 shares or 0% of the stock. The California-based Bennicas Associates has invested 0.58% in ASA Gold and Precious Metals Limited (NYSE:ASA). Us State Bank De, a Minnesota-based fund reported 21 shares. Morgan Stanley holds 0% or 76,819 shares in its portfolio.

The stock of Asa Gold and Precious Metals Limited (NYSE:ASA) registered an increase of 20% in short interest. ASA’s total short interest was 40,800 shares in September as published by FINRA. Its up 20% from 34,000 shares, reported previously. With 71,300 shares average volume, it will take short sellers 1 days to cover their ASA’s short positions. The short interest to Asa Gold and Precious Metals Limited’s float is 0.21%.

The stock increased 0.12% or $0.01 during the last trading session, reaching $8.51. About 69,057 shares traded. ASA Gold and Precious Metals Limited (NYSE:ASA) has declined 31.33% since September 16, 2017 and is downtrending. It has underperformed by 46.95% the S&P500.

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The company has market cap of $164.16 million. The firm invests in the public equity markets across the globe. It currently has negative earnings. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals.

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