Short Interest in GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSE:GGN) Drops By 70.4%
GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSE:GGN) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 55,244 shares, a decrease of 70.4% from the May 31st total of 186,574 shares. Based on an average trading volume of 506,372 shares, the short-interest ratio is currently 0.1 days.
GAMCO Global Gold Ntrl Rsrcs & Incm Trst (GGN) traded up 0.36% during mid-day trading on Friday, reaching $5.52. 323,360 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $5.65 and its 200 day moving average is $5.55. GAMCO Global Gold Ntrl Rsrcs & Incm Trst has a 1-year low of $5.07 and a 1-year high of $7.03.
The firm also recently declared a monthly dividend, which will be paid on Monday, July 24th. Shareholders of record on Monday, July 17th will be issued a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 10.87%. The ex-dividend date of this dividend is Thursday, July 13th.
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GAMCO Global Gold Ntrl Rsrcs & Incm Trst Company Profile
GAMCO Global Gold, Natural Resources & Income Trust (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Fund’s secondary investment objective is to seek capital appreciation consistent with the Fund’s strategy and its primary objective.
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