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

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNTGet Free Report) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 23,900 shares, a decrease of 20.3% from the January 31st total of 30,000 shares. Based on an average daily volume of 41,800 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of GNT. Royal Bank of Canada grew its position in GAMCO Natural Resources, Gold & Income Trust by 112.5% in the 2nd quarter. Royal Bank of Canada now owns 10,540 shares of the investment management company’s stock worth $53,000 after purchasing an additional 5,580 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the 1st quarter worth about $61,000. Mutual Advisors LLC bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the 4th quarter worth about $62,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the 2nd quarter worth about $66,000. Finally, IHT Wealth Management LLC bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the 1st quarter worth about $70,000.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

Shares of GNT traded up $0.08 during mid-day trading on Friday, hitting $4.94. 43,523 shares of the company’s stock were exchanged, compared to its average volume of 44,686. The firm has a fifty day moving average of $5.01 and a two-hundred day moving average of $4.97. GAMCO Natural Resources, Gold & Income Trust has a twelve month low of $4.59 and a twelve month high of $5.40.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, June 21st. Investors of record on Thursday, June 13th will be paid a $0.03 dividend. The ex-dividend date is Thursday, June 13th. This represents a $0.36 dividend on an annualized basis and a yield of 7.29%.

About GAMCO Natural Resources, Gold & Income Trust

(Get Free Report)

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.

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