GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT – Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 62,094 shares, a growth of 51.8% from the December 31st total of 40,894 shares. Based on an average daily trading volume, of 105,711 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 105,711 shares, the days-to-cover ratio is presently 0.6 days.
Hedge Funds Weigh In On GAMCO Natural Resources, Gold & Income Trust
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GNT. Dunhill Financial LLC purchased a new position in GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at about $37,000. Stratos Wealth Partners LTD. purchased a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter worth $82,000. Thompson Davis & CO. Inc. acquired a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at about $83,000. Wedbush Securities Inc. purchased a new stake in GAMCO Natural Resources, Gold & Income Trust during the third quarter worth approximately $84,000. Finally, Brookstone Capital Management purchased a new position in GAMCO Natural Resources, Gold & Income Trust in the fourth quarter valued at about $106,000.
GAMCO Natural Resources, Gold & Income Trust Trading Up 1.5%
GNT traded up $0.12 on Monday, hitting $7.95. 89,683 shares of the company were exchanged, compared to its average volume of 116,806. GAMCO Natural Resources, Gold & Income Trust has a twelve month low of $5.02 and a twelve month high of $8.79. The firm has a 50-day moving average price of $7.73 and a two-hundred day moving average price of $7.13.
GAMCO Natural Resources, Gold & Income Trust Announces Dividend
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.
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