GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 29,500 shares, an increase of 917.2% from the September 30th total of 2,900 shares. Based on an average daily volume of 40,300 shares, the days-to-cover ratio is currently 0.7 days.
GAMCO Natural Resources, Gold & Income Trust Stock Performance
GNT traded down $0.05 during trading on Friday, hitting $5.90. The stock had a trading volume of 21,724 shares, compared to its average volume of 42,319. The company’s 50-day moving average price is $5.88 and its 200 day moving average price is $5.60. GAMCO Natural Resources, Gold & Income Trust has a twelve month low of $4.59 and a twelve month high of $6.16.
GAMCO Natural Resources, Gold & Income Trust Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, October 24th. Shareholders of record on Friday, October 18th were paid a $0.04 dividend. This is a boost from GAMCO Natural Resources, Gold & Income Trust’s previous dividend of $0.03. This represents a yield of 8.16%. The ex-dividend date of this dividend was Thursday, October 17th.
Hedge Funds Weigh In On GAMCO Natural Resources, Gold & Income Trust
About GAMCO Natural Resources, Gold & Income Trust
GAMCO Natural Resources, Gold & 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 public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.
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