ASA Stock Price History and Quote Analysis: Insights for Investors

A company's 13F filings with the Securities and Exchange Commission (SEC) provides investors with comprehensive information about institutional ownership in a listed company, a sign of strength in terms of how many institutions have confidence in that company. The number of institutional investors who currently own ASA shares is 54, representing 57.25% of the company's common stock.

PEAPACK GLADSTONE FINANCIAL CORP, in the last quarter, reduced its stake in ASA by -14.96% restricting it's holding to 141.03 thousand shares of worth nearly $2.17M. UNCOMMON CENTS INVESTING LLC also lessened -0.45% of the ASA shares from its portfolio, reducing its holding to 546.52 thousand shares of worth $8.39M. WELLS FARGO & COMPANY/MN also shunned ASA shares holding by -75.8% last quarter which brought its holding to 8.13 thousand shares worth $124.85K.

As per its latest 13F filing, WOLVERINE ASSET MANAGEMENT LLC increased its stake in ASA by 1,132.88% in the last quarter. The institutional holder raised its holding to 106.67 thousand shares having worth more than $1.64M. TWELVE POINTS WEALTH MANAGEMENT LLC also added 2.42% more shares of ASA to its portfolio, raising its holding to 511.13 thousand shares of worth $7.85M. TOWER RESEARCH CAPITAL LLC (TRC) also increased its ASA shares holding by 100% which brought its holding to 158 shares worth $2.43K.

The insider with the most stakes in ASA is Saba Capital Management, L.P. , 10 percent owner at the company. Additionally, ASA stock is highly held by COO Merk Alexander and director Artabane Anthony J. among others.

Company executives, directors, and other insiders own 0.73% percent of ASA Gold and Precious Metals Limited's stock. Within the last six months, there have been 0 transaction(s) in which ASA insiders have sold stock, totaling 0 shares. Insiders that have sold shares include PEGGE ANDREW.

There have been 0 transaction(s) during the past 6-months in which ASA Gold and Precious Metals Limited insiders have bought stock, totalling 0 shares

Around 0 ASA Gold and Precious Metals Limited shares are held by insiders, which represents about 0.73% of ASA stock.

ASA 10 percent owner, Saba Capital Management, L.P. holds the largest portfolio of the company's shares. ASA shares owned by Saba total nearly 3.25 million.

CORE WEALTH ADVISORS, INC. is the largest institutional owner in ASA which holds 30 shares worth $461.00 or 0% of the total ASA shares outstanding followed by WOLVERINE ASSET MANAGEMENT LLC with ownership of 106.67 thousand shares representing 0.55% of the ASA ownership. WS MANAGEMENT LLLP is the third largest stakeholder with 122.35 thousand shares or 0.63% of the ownership worth more than $1.88M.

Stock options give the owner the ability but not the obligation to buy or sell a security at a predetermined price and date. Stock options can be classified into two types: puts and calls. A put is a bet on falling stock, and a call is a bet on rising stock. As far as the ASA is concerned, it is a stock which is optionable.

Number of ASA shares short is 24.85K. Shares short is a market sentiment in which investors have sold their shares short in a given stock but have not yet covered them or closed them out.

As of today, 19.29M shares of ASA are outstanding.

Float represents the number of tradeable shares in a specific stock. By subtracting restricted and closely-held shares from a firm's total outstanding shares, we can calculate its floating stock. The term "closely-held shares" refers to shares held by employees, major shareholders, and company insiders. At present, ASA has 15.89M shares in float.

Short ratio is calculated by dividing the number of short shares, short interest or bets that shareholders will sell short from the average daily volume. A higher ratio indicates longer times needed to repurchase borrowed shares (sold). The short ratio for ASA is 0.53.