U.S. Global Investors, Inc. (NASDAQ:GROW) Short Interest Update

U.S. Global Investors, Inc. (NASDAQ:GROW) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 47,000 shares, an increase of 46.0% from the February 13th total of 32,200 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 26,200 shares, the short-interest ratio is presently 1.8 days.

Institutional Trading of U.S. Global Investors

Several institutional investors have recently added to or reduced their stakes in GROW. XTX Topco Ltd bought a new stake in U.S. Global Investors during the fourth quarter valued at $26,000. Samalin Investment Counsel LLC bought a new position in shares of U.S. Global Investors during the fourth quarter worth about $41,000. Dimensional Fund Advisors LP grew its position in shares of U.S. Global Investors by 7.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 61,944 shares of the asset manager’s stock worth $151,000 after acquiring an additional 4,338 shares during the last quarter. Finally, Gator Capital Management LLC grew its position in shares of U.S. Global Investors by 52.3% during the fourth quarter. Gator Capital Management LLC now owns 450,817 shares of the asset manager’s stock worth $1,100,000 after acquiring an additional 154,836 shares during the last quarter. Institutional investors own 23.62% of the company’s stock.

U.S. Global Investors Trading Up 0.2 %

NASDAQ GROW opened at $2.24 on Friday. The company’s fifty day simple moving average is $2.41 and its 200-day simple moving average is $2.45. U.S. Global Investors has a 52 week low of $2.20 and a 52 week high of $2.95. The stock has a market cap of $29.84 million, a P/E ratio of 74.52 and a beta of 1.80.

U.S. Global Investors (NASDAQ:GROW) last posted its earnings results on Wednesday, February 12th. The asset manager reported ($0.01) EPS for the quarter. U.S. Global Investors had a return on equity of 1.05% and a net margin of 5.40%.

U.S. Global Investors Announces Dividend

The business also recently declared a dividend, which was paid on Monday, January 27th. Investors of record on Tuesday, January 14th were issued a $0.0075 dividend. The ex-dividend date of this dividend was Monday, January 13th. This represents a yield of 3.7%. U.S. Global Investors’s dividend payout ratio is presently 300.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of U.S. Global Investors in a research report on Wednesday. They set a “hold” rating on the stock.

U.S. Global Investors Company Profile

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.