Short Interest in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Increases By 43.7%

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 38,500 shares, a growth of 43.7% from the September 30th total of 26,800 shares. Based on an average daily volume of 75,400 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 75,400 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On GAMCO Natural Resources, Gold & Income Trust

Institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC raised its holdings in GAMCO Natural Resources, Gold & Income Trust by 3.5% during the 1st quarter. NewEdge Advisors LLC now owns 62,164 shares of the investment management company’s stock valued at $379,000 after buying an additional 2,077 shares during the period. Blue Bell Private Wealth Management LLC increased its position in GAMCO Natural Resources, Gold & Income Trust by 22.6% during the third quarter. Blue Bell Private Wealth Management LLC now owns 27,248 shares of the investment management company’s stock valued at $192,000 after acquiring an additional 5,014 shares during the last quarter. Stephens Inc. AR increased its position in GAMCO Natural Resources, Gold & Income Trust by 14.8% during the third quarter. Stephens Inc. AR now owns 42,020 shares of the investment management company’s stock valued at $295,000 after acquiring an additional 5,410 shares during the last quarter. Samalin Investment Counsel LLC raised its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 21.2% in the second quarter. Samalin Investment Counsel LLC now owns 63,511 shares of the investment management company’s stock valued at $399,000 after acquiring an additional 11,122 shares during the period. Finally, Wolverine Asset Management LLC raised its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 38.1% in the first quarter. Wolverine Asset Management LLC now owns 61,728 shares of the investment management company’s stock valued at $376,000 after acquiring an additional 17,027 shares during the period.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

GAMCO Natural Resources, Gold & Income Trust stock opened at $6.85 on Monday. The company’s 50-day moving average price is $6.94 and its 200-day moving average price is $6.52. GAMCO Natural Resources, Gold & Income Trust has a twelve month low of $5.02 and a twelve month high of $7.24.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 12th will be paid a $0.05 dividend. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend is Friday, December 12th.

GAMCO Natural Resources, Gold & Income Trust Company Profile

GAMCO Natural Resources, Gold & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.