GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Up 115.6% in June

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 190,336 shares, an increase of 115.6% from the May 31st total of 88,268 shares. Based on an average daily volume of 208,703 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of GNT. Dunhill Financial LLC bought a new stake in GAMCO Natural Resources, Gold & Income Trust during the fourth quarter worth about $37,000. Stratos Wealth Partners LTD. bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the fourth quarter valued at approximately $82,000. 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. Brookstone Capital Management purchased a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the fourth quarter valued at approximately $106,000. Finally, Wedbush Securities Inc. lifted its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 20.9% during the fourth quarter. Wedbush Securities Inc. now owns 14,515 shares of the investment management company’s stock valued at $108,000 after purchasing an additional 2,508 shares during the last quarter.

GAMCO Natural Resources, Gold & Income Trust Price Performance

Shares of GAMCO Natural Resources, Gold & Income Trust stock opened at $8.20 on Tuesday. GAMCO Natural Resources, Gold & Income Trust has a 12 month low of $6.17 and a 12 month high of $9.30. The business has a fifty day simple moving average of $8.35 and a two-hundred day simple moving average of $8.29.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 16th will be paid a $0.06 dividend. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Wednesday, September 16th.

About GAMCO Natural Resources, Gold & Income Trust

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.