GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 127,669 shares, a decrease of 53.5% from the November 15th total of 274,309 shares. Based on an average daily trading volume, of 506,946 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Several large investors have recently made changes to their positions in GGN. Wedbush Securities Inc. increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 1.1% during the second quarter. Wedbush Securities Inc. now owns 116,751 shares of the investment management company’s stock worth $643,000 after buying an additional 1,242 shares in the last quarter. Allegis Investment Advisors LLC increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 8.2% during the second quarter. Allegis Investment Advisors LLC now owns 32,847 shares of the investment management company’s stock worth $181,000 after buying an additional 2,496 shares in the last quarter. BB&T Securities LLC increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 15.8% during the second quarter. BB&T Securities LLC now owns 141,944 shares of the investment management company’s stock worth $782,000 after buying an additional 19,352 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 1.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 127,355 shares of the investment management company’s stock worth $702,000 after buying an additional 1,636 shares in the last quarter. Finally, Flagship Harbor Advisors LLC increased its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 19.0% in the second quarter. Flagship Harbor Advisors LLC now owns 30,861 shares of the investment management company’s stock valued at $172,000 after purchasing an additional 4,920 shares during the period.

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) opened at $5.16 on Friday. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $4.93 and a 1-year high of $5.84.

The business also recently declared a monthly dividend, which will be paid on Wednesday, March 21st. Stockholders of record on Thursday, March 15th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, March 14th. This represents a $0.60 annualized dividend and a dividend yield of 11.63%.

TRADEMARK VIOLATION NOTICE: “Short Interest in GAMCO Global Gold, Natural Resources & Income Trust (GGN) Drops By 53.5%” was first published by Watch List News and is owned by of Watch List News. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright laws. The original version of this piece can be accessed at https://www.watchlistnews.com/short-interest-in-gamco-global-gold-natural-resources-income-trust-ggn-drops-by-53-5/1768915.html.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & Income Trust (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Fund’s secondary investment objective is to seek capital appreciation consistent with the Fund’s strategy and its primary objective.

Receive News & Ratings for GAMCO Global Gold Natural Resources & Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAMCO Global Gold Natural Resources & Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.