The GDL Fund (NYSE:GDL) Short Interest Update

Posted by Micah Haroldson on Oct 6th, 2025

The GDL Fund (NYSE:GDL – Get Free Report) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 13,600 shares, a growth of 115.9% from the August 31st total of 6,300 shares. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 13,200 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On The GDL Fund

Several hedge funds have recently modified their holdings of GDL. Park Avenue Securities LLC acquired a new position in shares of The GDL Fund during the 2nd quarter valued at $715,000. Osaic Holdings Inc. increased its position in shares of The GDL Fund by 840.5% during the 2nd quarter. Osaic Holdings Inc. now owns 39,445 shares of the investment management company’s stock valued at $329,000 after purchasing an additional 35,251 shares during the period. Matisse Capital acquired a new position in shares of The GDL Fund during the 2nd quarter valued at $141,000. Virtu Financial LLC acquired a new position in shares of The GDL Fund during the 1st quarter valued at $90,000. Finally, Raymond James Financial Inc. acquired a new position in shares of The GDL Fund during the 2nd quarter valued at $29,000.

The GDL Fund Price Performance

Shares of The GDL Fund stock opened at $8.53 on Monday. The business’s fifty day moving average price is $8.46 and its two-hundred day moving average price is $8.30. The GDL Fund has a 1-year low of $7.71 and a 1-year high of $8.64.

The GDL Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Tuesday, September 16th were given a dividend of $0.12 per share. The ex-dividend date was Tuesday, September 16th. This represents a $0.48 annualized dividend and a dividend yield of 5.6%.

The GDL Fund Company Profile

(Get Free Report)

The GDL Fund is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It invests in stocks of companies operating across diversified sectors. The fund invests in securities of companies involved in publicly announced mergers, takeovers, tender offers, and leveraged buyouts.