GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Update

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) 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

Institutional investors have recently bought and sold shares of the company. International Assets Investment Management LLC grew its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 434.2% during the 3rd quarter. International Assets Investment Management LLC now owns 136,513 shares of the investment management company’s stock worth $801,000 after purchasing an additional 110,957 shares during the period. Blue Bell Private Wealth Management LLC grew its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 134.7% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 17,590 shares of the investment management company’s stock worth $97,000 after purchasing an additional 10,095 shares during the period. Raymond James & Associates grew its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 10.2% during the 2nd quarter. Raymond James & Associates now owns 240,305 shares of the investment management company’s stock worth $1,319,000 after purchasing an additional 22,332 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the 1st quarter worth $57,000. Finally, Capital Wealth Alliance LLC grew its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 76.1% during the 1st quarter. Capital Wealth Alliance LLC now owns 508,330 shares of the investment management company’s stock worth $2,648,000 after purchasing an additional 219,657 shares during the period.

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.