Short Interest in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Grows By 20.1%

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 40,894 shares, a growth of 20.1% from the December 15th total of 34,060 shares. Based on an average daily volume of 112,011 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 112,011 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On GAMCO Natural Resources, Gold & Income Trust

A number of large investors have recently made changes to their positions in the business. Thompson Davis & CO. Inc. bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the fourth quarter valued at approximately $83,000. Wedbush Securities Inc. purchased a new position in GAMCO Natural Resources, Gold & Income Trust during the 3rd quarter valued at $84,000. Brookstone Capital Management purchased a new position in GAMCO Natural Resources, Gold & Income Trust during the 4th quarter valued at $106,000. Benjamin Edwards Inc. bought a new position in GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter worth $147,000. Finally, Wolverine Asset Management LLC lifted its position in shares of GAMCO Natural Resources, Gold & Income Trust by 696.5% in the 3rd quarter. Wolverine Asset Management LLC now owns 22,310 shares of the investment management company’s stock worth $157,000 after purchasing an additional 19,509 shares during the period.

GAMCO Natural Resources, Gold & Income Trust Stock Down 0.2%

Shares of NYSE GNT traded down $0.02 during mid-day trading on Monday, hitting $8.05. The stock had a trading volume of 64,872 shares, compared to its average volume of 101,952. The business has a 50 day moving average price of $7.49 and a two-hundred day moving average price of $7.01. GAMCO Natural Resources, Gold & Income Trust has a 1 year low of $5.02 and a 1 year high of $8.14.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 24th. Investors of record on Tuesday, March 17th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Tuesday, March 17th. This represents a c) annualized dividend and a dividend yield of 8.9%.

GAMCO Natural Resources, Gold & Income Trust Company Profile

The GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. The fund primarily invests in equity securities of companies engaged in the natural resources sector, including mining, energy, agriculture and forestry businesses. In addition to selecting resource-oriented equities, the trust employs a covered-call writing strategy on select holdings to generate supplemental income for its shareholders.

Portfolio exposures span a broad range of industries within the natural resources space, such as precious metals producers, base metals miners, oil and gas companies, agricultural firms and related service providers.