GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Short Interest Update

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 153,900 shares, an increase of 37.0% from the February 13th total of 112,300 shares. Based on an average daily volume of 534,800 shares, the days-to-cover ratio is presently 0.3 days.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

Shares of GGN stock traded up $0.03 during trading on Friday, hitting $4.20. 492,280 shares of the company were exchanged, compared to its average volume of 449,687. GAMCO Global Gold, Natural Resources & Income Trust has a twelve month low of $3.75 and a twelve month high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, June 23rd. Shareholders of record on Friday, June 13th will be paid a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 8.57%. The ex-dividend date of this dividend is Friday, June 13th.

Institutional Trading of GAMCO Global Gold, Natural Resources & Income Trust

Institutional investors have recently added to or reduced their stakes in the business. Stephens Inc. AR acquired a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter valued at approximately $38,000. Root Financial Partners LLC acquired a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter valued at approximately $39,000. Elequin Capital LP acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter worth $42,000. GWN Securities Inc. acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter worth $44,000. Finally, Captrust Financial Advisors acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the third quarter worth $52,000.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & 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 the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.