Short Interest in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Increases By 52.7%

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 292,852 shares, a growth of 52.7% from the February 26th total of 191,787 shares. Based on an average daily trading volume, of 121,850 shares, the days-to-cover ratio is presently 2.4 days.

GAMCO Natural Resources, Gold & Income Trust Trading Up 0.5%

NYSE GNT traded up $0.04 during trading hours on Friday, reaching $8.22. 23,947 shares of the company’s stock traded hands, compared to its average volume of 109,811. GAMCO Natural Resources, Gold & Income Trust has a 52-week low of $5.02 and a 52-week high of $9.30. The firm has a 50-day simple moving average of $8.44 and a 200 day simple moving average of $7.66.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 15th will be issued a dividend of $0.06 per share. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Monday, June 15th.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

Hedge funds have recently made changes to their positions in the stock. Advisors Asset Management Inc. bought a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 2nd quarter worth $1,424,000. VestGen Advisors LLC purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust during the fourth quarter valued at $1,029,000. Stifel Financial Corp increased its holdings in GAMCO Natural Resources, Gold & Income Trust by 663.7% in the 4th quarter. Stifel Financial Corp now owns 125,323 shares of the investment management company’s stock worth $934,000 after buying an additional 108,913 shares in the last quarter. NewEdge Advisors LLC raised its position in GAMCO Natural Resources, Gold & Income Trust by 98.1% in the 3rd quarter. NewEdge Advisors LLC now owns 153,936 shares of the investment management company’s stock worth $1,082,000 after buying an additional 76,217 shares during the last quarter. Finally, Closed End Fund Advisors Inc. purchased a new position in GAMCO Natural Resources, Gold & Income Trust in the 4th quarter worth about $312,000.

About GAMCO Natural Resources, Gold & Income Trust

The GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. The fund primarily invests in equity securities of companies engaged in the natural resources sector, including mining, energy, agriculture and forestry businesses. In addition to selecting resource-oriented equities, the trust employs a covered-call writing strategy on select holdings to generate supplemental income for its shareholders.

Portfolio exposures span a broad range of industries within the natural resources space, such as precious metals producers, base metals miners, oil and gas companies, agricultural firms and related service providers.