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

Liberty All-Star Equity Fund (NYSE:USA) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 131,847 shares, a drop of 78.2% from the September 28th total of 603,834 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,226,578 shares, the days-to-cover ratio is presently 0.1 days.

A number of large investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. grew its stake in Liberty All-Star Equity Fund by 1.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 2,283,183 shares of the closed-end fund’s stock worth $14,612,000 after buying an additional 32,487 shares during the last quarter. Royal Bank of Canada grew its stake in Liberty All-Star Equity Fund by 74.7% during the 1st quarter. Royal Bank of Canada now owns 1,711,725 shares of the closed-end fund’s stock worth $10,493,000 after buying an additional 732,074 shares during the last quarter. Vident Investment Advisory LLC grew its stake in Liberty All-Star Equity Fund by 2.9% during the 2nd quarter. Vident Investment Advisory LLC now owns 1,369,604 shares of the closed-end fund’s stock worth $8,765,000 after buying an additional 38,946 shares during the last quarter. Raymond James & Associates grew its stake in shares of Liberty All-Star Equity Fund by 40.3% in the 2nd quarter. Raymond James & Associates now owns 867,864 shares of the closed-end fund’s stock valued at $5,554,000 after purchasing an additional 249,407 shares during the last quarter. Finally, Guggenheim Capital LLC grew its stake in shares of Liberty All-Star Equity Fund by 18.0% in the 1st quarter. Guggenheim Capital LLC now owns 758,301 shares of the closed-end fund’s stock valued at $4,648,000 after purchasing an additional 115,481 shares during the last quarter. Hedge funds and other institutional investors own 17.81% of the company’s stock.

NYSE:USA opened at $5.86 on Thursday. Liberty All-Star Equity Fund has a 52-week low of $5.62 and a 52-week high of $6.87.

About Liberty All-Star Equity Fund

There is no company description available for Liberty All-Star Equity.

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