GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSE:GGN) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totalling 12,997 shares, a decrease of 77.7% from the July 14th total of 58,286 shares. Based on an average daily volume of 347,553 shares, the short-interest ratio is currently 0.0 days.

GAMCO Global Gold Ntrl Rsrcs & Incm Trst (GGN) opened at 5.57 on Thursday. GAMCO Global Gold Ntrl Rsrcs & Incm Trst has a 12-month low of $5.07 and a 12-month high of $7.03. The firm’s 50-day moving average price is $5.54 and its 200-day moving average price is $5.59.

The company also recently announced a monthly dividend, which was paid on Monday, July 24th. Investors of record on Monday, July 17th were issued a $0.05 dividend. The ex-dividend date was Thursday, July 13th. This represents a $0.60 annualized dividend and a yield of 10.77%.

A number of large investors have recently bought and sold shares of the stock. Flagship Harbor Advisors LLC increased its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 19.0% in the second quarter. Flagship Harbor Advisors LLC now owns 30,861 shares of the investment management company’s stock valued at $172,000 after buying an additional 4,920 shares during the period. Cambridge Investment Research Advisors Inc. increased its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 1.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 127,355 shares of the investment management company’s stock valued at $702,000 after buying an additional 1,636 shares during the period. BB&T Securities LLC increased its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 15.8% in the second quarter. BB&T Securities LLC now owns 141,944 shares of the investment management company’s stock valued at $782,000 after buying an additional 19,352 shares during the period. Allegis Investment Advisors LLC increased its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 8.2% in the second quarter. Allegis Investment Advisors LLC now owns 32,847 shares of the investment management company’s stock valued at $181,000 after buying an additional 2,496 shares during the period. Finally, Wedbush Securities Inc. increased its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 1.1% in the second quarter. Wedbush Securities Inc. now owns 116,751 shares of the investment management company’s stock valued at $643,000 after buying an additional 1,242 shares during the period.

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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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