The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) Short Interest Update

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 3,300 shares, a decrease of 43.1% from the February 28th total of 5,800 shares. Based on an average daily volume of 13,000 shares, the short-interest ratio is presently 0.3 days.

The Gabelli Global Utility & Income Trust Trading Down 0.8 %

GLU traded down $0.13 on Friday, hitting $16.11. The company had a trading volume of 3,736 shares, compared to its average volume of 14,338. The Gabelli Global Utility & Income Trust has a 12-month low of $13.32 and a 12-month high of $17.44. The company’s fifty day moving average is $15.59.

The Gabelli Global Utility & Income Trust Company Profile

The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.