Liberty All-Star Equity Fund (NYSE:USA) Short Interest Update

Liberty All-Star Equity Fund (NYSE:USA) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 160,600 shares, an increase of 99.3% from the September 15th total of 80,600 shares. Based on an average trading volume of 776,200 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Liberty All-Star Equity Fund

Several institutional investors and hedge funds have recently bought and sold shares of USA. Cornerstone Advisors LLC raised its stake in shares of Liberty All-Star Equity Fund by 1,204.2% during the first quarter. Cornerstone Advisors LLC now owns 825,501 shares of the closed-end fund’s stock valued at $5,902,000 after purchasing an additional 762,204 shares during the period. Shaker Financial Services LLC purchased a new position in Liberty All-Star Equity Fund during the 2nd quarter valued at about $5,108,000. Cetera Investment Advisers lifted its holdings in Liberty All-Star Equity Fund by 1,512.2% in the 1st quarter. Cetera Investment Advisers now owns 253,011 shares of the closed-end fund’s stock worth $1,809,000 after purchasing an additional 237,317 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Liberty All-Star Equity Fund by 16.9% during the first quarter. Janney Montgomery Scott LLC now owns 846,492 shares of the closed-end fund’s stock worth $6,052,000 after buying an additional 122,205 shares during the last quarter. Finally, Patten Group Inc. bought a new stake in shares of Liberty All-Star Equity Fund during the second quarter valued at approximately $794,000. Hedge funds and other institutional investors own 9.95% of the company’s stock.

Liberty All-Star Equity Fund Stock Up 0.4 %

Shares of NYSE USA traded up $0.03 during trading on Friday, hitting $7.23. The company had a trading volume of 410,133 shares, compared to its average volume of 619,178. Liberty All-Star Equity Fund has a fifty-two week low of $5.62 and a fifty-two week high of $7.24. The stock has a fifty day simple moving average of $6.91 and a two-hundred day simple moving average of $6.85.

About Liberty All-Star Equity Fund

Liberty All Star Equity Fund is a closed-ended equity mutual fund launched and managed by ALPS Advisers, Inc The fund is co-managed by Aristotle Capital Management, LLC, Pzena Investment Management, LLC, Delaware Investments Fund Advisers, Sustainable Growth Advisers, LP, and TCW Investment Management Company.