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

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 165,600 shares, a growth of 309.9% from the December 15th total of 40,400 shares. Based on an average daily volume of 531,400 shares, the short-interest ratio is currently 0.3 days.

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

Several large investors have recently made changes to their positions in GGN. Capital Market Strategies LLC increased its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 50.4% in the 4th quarter. Capital Market Strategies LLC now owns 43,402 shares of the investment management company’s stock valued at $164,000 after purchasing an additional 14,551 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter valued at approximately $56,000. Discipline Wealth Solutions LLC acquired a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter valued at approximately $184,000. Stifel Financial Corp grew its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 3.4% during the 3rd quarter. Stifel Financial Corp now owns 254,619 shares of the investment management company’s stock valued at $1,090,000 after purchasing an additional 8,423 shares during the last quarter. Finally, Captrust Financial Advisors bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter valued at $52,000.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

Shares of NYSEAMERICAN:GGN traded up $0.02 on Wednesday, reaching $4.10. 476,805 shares of the company’s stock were exchanged, compared to its average volume of 487,886. GAMCO Global Gold, Natural Resources & Income Trust has a twelve month low of $3.66 and a twelve month high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, February 13th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.36 dividend on an annualized basis and a yield of 8.78%.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

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.