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

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 62,094 shares, a growth of 51.8% from the December 31st total of 40,894 shares. Based on an average trading volume of 105,711 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 105,711 shares, the short-interest ratio is presently 0.6 days.

GAMCO Natural Resources, Gold & Income Trust Trading Up 1.7%

NYSE:GNT traded up $0.13 during trading hours on Monday, reaching $7.96. The company’s stock had a trading volume of 100,341 shares, compared to its average volume of 117,359. GAMCO Natural Resources, Gold & Income Trust has a one year low of $5.02 and a one year high of $8.79. The business’s 50-day moving average is $7.73 and its 200-day moving average is $7.13.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 17th will be issued a dividend of $0.06 per share. This represents a c) annualized dividend and a yield of 9.0%. The ex-dividend date is Tuesday, March 17th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Capital Wealth Alliance LLC bought a new position in GAMCO Natural Resources, Gold & Income Trust in the second quarter worth $2,269,000. Advisors Asset Management Inc. acquired a new position in GAMCO Natural Resources, Gold & Income Trust in the second quarter worth about $1,424,000. NewEdge Advisors LLC boosted its holdings in GAMCO Natural Resources, Gold & Income Trust by 98.1% during the third quarter. NewEdge Advisors LLC now owns 153,936 shares of the investment management company’s stock valued at $1,082,000 after purchasing an additional 76,217 shares in the last quarter. Stephens Inc. AR raised its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 212.6% in the 2nd quarter. Stephens Inc. AR now owns 36,610 shares of the investment management company’s stock worth $230,000 after buying an additional 24,900 shares in the last quarter. Finally, Benjamin Edwards Inc. acquired a new stake in GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter valued at $147,000.

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.