GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Down 53.8% in December

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNTGet Free Report) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 11,100 shares, a decline of 53.8% from the December 15th total of 24,000 shares. Based on an average trading volume of 39,600 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On GAMCO Natural Resources, Gold & Income Trust

Large investors have recently made changes to their positions in the business. Stephens Inc. AR grew its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 21.9% in the 3rd quarter. Stephens Inc. AR now owns 13,210 shares of the investment management company’s stock worth $78,000 after buying an additional 2,375 shares during the last quarter. Quarry LP purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the third quarter worth $151,000. Chevy Chase Trust Holdings LLC bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at $176,000. Oxbow Advisors LLC purchased a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter worth about $226,000. Finally, International Assets Investment Management LLC raised its position in shares of GAMCO Natural Resources, Gold & Income Trust by 434.2% in the 3rd quarter. International Assets Investment Management LLC now owns 136,513 shares of the investment management company’s stock worth $801,000 after purchasing an additional 110,957 shares during the last quarter.

GAMCO Natural Resources, Gold & Income Trust Price Performance

GNT stock traded down $0.01 during midday trading on Tuesday, hitting $5.61. The stock had a trading volume of 56,709 shares, compared to its average volume of 51,139. The business has a 50-day moving average of $5.64 and a two-hundred day moving average of $5.72. GAMCO Natural Resources, Gold & Income Trust has a 52-week low of $4.79 and a 52-week high of $6.16.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, February 13th will be issued a $0.04 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 8.56%. The ex-dividend date is Thursday, February 13th.

About GAMCO Natural Resources, Gold & Income Trust

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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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