GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 29,500 shares, a growth of 917.2% from the September 30th total of 2,900 shares. Based on an average trading volume of 40,300 shares, the short-interest ratio is presently 0.7 days.
GAMCO Natural Resources, Gold & Income Trust Stock Down 0.8 %
GNT traded down $0.05 on Friday, hitting $5.90. The company had a trading volume of 21,724 shares, compared to its average volume of 42,319. The company’s fifty day moving average price is $5.88 and its 200 day moving average price is $5.61. GAMCO Natural Resources, Gold & Income Trust has a 1-year low of $4.59 and a 1-year high of $6.16.
GAMCO Natural Resources, Gold & Income Trust Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, October 24th. Stockholders of record on Friday, October 18th were paid a $0.04 dividend. This represents a dividend yield of 8.16%. This is a boost from GAMCO Natural Resources, Gold & Income Trust’s previous dividend of $0.03. The ex-dividend date was Thursday, October 17th.
Institutional Trading of GAMCO Natural Resources, Gold & Income Trust
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.
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