Liberty All-Star Equity Fund (NYSE:USA – Get Free Report) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 132,313 shares, an increase of 65.9% from the May 14th total of 79,741 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,036,140 shares, the short-interest ratio is presently 0.1 days.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in USA. Global Retirement Partners LLC acquired a new position in Liberty All-Star Equity Fund during the 4th quarter worth $37,000. Fifth Third Bancorp bought a new position in shares of Liberty All-Star Equity Fund in the 1st quarter worth about $44,000. Canal Capital Management LLC bought a new position in shares of Liberty All-Star Equity Fund in the 1st quarter worth about $60,000. Three Magnolias Financial Advisors LLC bought a new position in shares of Liberty All-Star Equity Fund in the 4th quarter worth about $63,000. Finally, Fifth Third Wealth Advisors LLC bought a new position in shares of Liberty All-Star Equity Fund in the 4th quarter worth about $65,000. 9.95% of the stock is owned by institutional investors and hedge funds.
Liberty All-Star Equity Fund Price Performance
USA stock traded down $0.04 during mid-day trading on Tuesday, hitting $5.84. 1,349,692 shares of the company were exchanged, compared to its average volume of 1,236,934. Liberty All-Star Equity Fund has a twelve month low of $5.40 and a twelve month high of $6.96. The firm has a fifty day simple moving average of $5.78 and a 200 day simple moving average of $5.94.
Liberty All-Star Equity Fund Cuts Dividend
About Liberty All-Star Equity Fund
Liberty All-Star Equity Fund (NYSE: USA) is a closed-end management investment company that seeks long-term capital appreciation through an actively managed portfolio of equity securities. Listed on the New York Stock Exchange since its inception, the fund offers investors access to both U.S. and international markets within a single vehicle. It is designed to appeal to those seeking a diversified equity strategy combined with the liquidity of an exchange-traded security.
The fund’s investment approach centers on a diversified mix of common stocks and American Depositary Receipts (ADRs), spanning large-cap, mid-cap and small-cap issuers.
Featured Articles
- Five stocks we like better than Liberty All-Star Equity Fund
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for Liberty All-Star Equity Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty All-Star Equity Fund and related companies with MarketBeat.com's FREE daily email newsletter.
