GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Up 43.7% in October

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 38,500 shares, a growth of 43.7% from the September 30th total of 26,800 shares. Based on an average daily volume of 75,400 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 75,400 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

Several institutional investors and hedge funds have recently modified their holdings of the stock. Benjamin Edwards Inc. purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the third quarter valued at approximately $147,000. Wolverine Asset Management LLC raised its position in GAMCO Natural Resources, Gold & Income Trust by 696.5% during the 3rd quarter. Wolverine Asset Management LLC now owns 22,310 shares of the investment management company’s stock valued at $157,000 after purchasing an additional 19,509 shares in the last quarter. Integrity Alliance LLC. purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 1st quarter worth $148,000. Blue Bell Private Wealth Management LLC grew its position in shares of GAMCO Natural Resources, Gold & Income Trust by 22.6% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 27,248 shares of the investment management company’s stock worth $192,000 after buying an additional 5,014 shares in the last quarter. Finally, Stephens Inc. AR grew its position in shares of GAMCO Natural Resources, Gold & Income Trust by 212.6% during the 2nd quarter. Stephens Inc. AR now owns 36,610 shares of the investment management company’s stock worth $230,000 after buying an additional 24,900 shares in the last quarter.

GAMCO Natural Resources, Gold & Income Trust Stock Down 0.2%

GNT stock opened at $6.85 on Monday. GAMCO Natural Resources, Gold & Income Trust has a 12 month low of $5.02 and a 12 month high of $7.24. The firm’s 50-day moving average is $6.94 and its 200 day moving average is $6.52.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 12th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%.

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.