Bancroft Fund Limited (NYSEAMERICAN:BCV) Short Interest Down 24.3% in December

Bancroft Fund Limited (NYSEAMERICAN:BCV) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 1,375 shares, a drop of 24.3% from the November 30th total of 1,817 shares. Based on an average daily trading volume, of 18,944 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 18,944 shares, the days-to-cover ratio is currently 0.1 days.

Bancroft Fund Price Performance

Shares of Bancroft Fund stock traded up $0.06 on Tuesday, hitting $22.13. The company’s stock had a trading volume of 13,429 shares, compared to its average volume of 16,414. Bancroft Fund has a 52-week low of $15.63 and a 52-week high of $23.88. The firm has a fifty day moving average price of $22.44 and a 200-day moving average price of $21.22.

About Bancroft Fund

Bancroft Fund, Inc (NYSE American: BCV) is a closed-end management investment company that seeks long-term growth of capital. Shares of the Fund trade on the NYSE American exchange, providing investors with access to a diversified portfolio of U.S. equity securities under a closed-end structure. The Fund’s board of directors oversees a disciplined investment process governed by a stated strategy and risk parameters.

The Fund’s primary investment objective is capital appreciation. To pursue this goal, Bancroft Fund allocates at least 80% of its total assets to equity securities of U.S.