Bancroft Fund Ltd. (NYSEAMERICAN:BCV) Short Interest Update

Bancroft Fund Ltd. (NYSEAMERICAN:BCV) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 13,600 shares, a growth of 491.3% from the December 15th total of 2,300 shares. Based on an average daily volume of 17,600 shares, the short-interest ratio is presently 0.8 days.

Bancroft Fund Stock Performance

Shares of BCV stock traded down $0.18 during midday trading on Monday, reaching $17.76. 11,404 shares of the company were exchanged, compared to its average volume of 10,801. Bancroft Fund has a 12 month low of $14.51 and a 12 month high of $18.64.

Bancroft Fund Company Profile

Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets. It primarily invests in convertible securities including convertible debt and convertible preferred stocks. The fund invests in stocks of companies across market capitalization.