Short Interest in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Rises By 20.1%

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) saw a significant increase in short interest in December. As of December 31st, there was short interest totaling 40,894 shares, an increase of 20.1% from the December 15th total of 34,060 shares. Based on an average daily trading volume, of 112,011 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 112,011 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

A number of hedge funds have recently modified their holdings of the business. Thompson Davis & CO. Inc. purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter worth about $83,000. Wedbush Securities Inc. bought a new stake in GAMCO Natural Resources, Gold & Income Trust during the third quarter worth about $84,000. Brookstone Capital Management purchased a new stake in GAMCO Natural Resources, Gold & Income Trust in the fourth quarter worth about $106,000. Benjamin Edwards Inc. bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at approximately $147,000. Finally, Wolverine Asset Management LLC increased its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 696.5% during the third quarter. Wolverine Asset Management LLC now owns 22,310 shares of the investment management company’s stock valued at $157,000 after purchasing an additional 19,509 shares in the last quarter.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

GAMCO Natural Resources, Gold & Income Trust stock traded down $0.02 during trading hours on Monday, hitting $8.05. 64,872 shares of the stock traded hands, compared to its average volume of 101,952. GAMCO Natural Resources, Gold & Income Trust has a one year low of $5.02 and a one year high of $8.14. The firm’s 50-day moving average price is $7.49 and its two-hundred day moving average price is $7.01.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 17th will be issued a $0.06 dividend. The ex-dividend date is Tuesday, March 17th. This represents a c) dividend on an annualized basis and a yield of 8.9%.

GAMCO Natural Resources, Gold & Income Trust Company Profile

The GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. The fund primarily invests in equity securities of companies engaged in the natural resources sector, including mining, energy, agriculture and forestry businesses. In addition to selecting resource-oriented equities, the trust employs a covered-call writing strategy on select holdings to generate supplemental income for its shareholders.

Portfolio exposures span a broad range of industries within the natural resources space, such as precious metals producers, base metals miners, oil and gas companies, agricultural firms and related service providers.