GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Short Interest Update

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 61,200 shares, a decline of 60.2% from the February 28th total of 153,900 shares. Based on an average daily volume of 545,900 shares, the days-to-cover ratio is currently 0.1 days.

GAMCO Global Gold, Natural Resources & Income Trust Price Performance

GGN opened at $4.34 on Thursday. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $3.75 and a one year high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.29%. The ex-dividend date of this dividend is Tuesday, April 15th.

Institutional Trading of GAMCO Global Gold, Natural Resources & Income Trust

Hedge funds and other institutional investors have recently modified their holdings of the business. Stifel Financial Corp lifted its stake in GAMCO Global Gold, Natural Resources & Income Trust by 3.4% during the third quarter. Stifel Financial Corp now owns 254,619 shares of the investment management company’s stock worth $1,090,000 after purchasing an additional 8,423 shares in the last quarter. Strategic Financial Concepts LLC lifted its stake in GAMCO Global Gold, Natural Resources & Income Trust by 156.5% during the 4th quarter. Strategic Financial Concepts LLC now owns 57,760 shares of the investment management company’s stock worth $218,000 after acquiring an additional 35,239 shares in the last quarter. Stephens Inc. AR purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust during the 4th quarter valued at about $38,000. Atria Wealth Solutions Inc. grew its position in GAMCO Global Gold, Natural Resources & Income Trust by 55.0% in the 4th quarter. Atria Wealth Solutions Inc. now owns 95,123 shares of the investment management company’s stock valued at $359,000 after acquiring an additional 33,768 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in shares of GAMCO Global Gold, Natural Resources & Income Trust by 5.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 79,811 shares of the investment management company’s stock worth $301,000 after purchasing an additional 4,026 shares in the last quarter.

About GAMCO Global Gold, Natural Resources & Income Trust

GAMCO Global Gold, Natural Resources & 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 the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.