Short Interest in Bancroft Fund Ltd. (NYSEAMERICAN:BCV) Rises By 123.5%

Bancroft Fund Ltd. (NYSEAMERICAN:BCV) was the recipient of a significant increase in short interest in February. As of February 15th, there was short interest totalling 3,800 shares, an increase of 123.5% from the January 31st total of 1,700 shares. Based on an average trading volume of 17,700 shares, the days-to-cover ratio is presently 0.2 days.

Bancroft Fund Trading Down 0.1 %

Shares of NYSEAMERICAN BCV traded down $0.01 during midday trading on Friday, reaching $18.23. The company’s stock had a trading volume of 4,296 shares, compared to its average volume of 16,926. Bancroft Fund has a one year low of $14.51 and a one year high of $18.77.

About Bancroft Fund

Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets. It primarily invests in convertible securities including convertible debt and convertible preferred stocks. The fund invests in stocks of companies across market capitalization.