The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) Short Interest Update

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 9,200 shares, an increase of 178.8% from the March 15th total of 3,300 shares. Based on an average daily volume of 12,700 shares, the days-to-cover ratio is presently 0.7 days.

The Gabelli Global Utility & Income Trust Trading Up 2.4 %

Shares of The Gabelli Global Utility & Income Trust stock traded up $0.37 during trading on Tuesday, hitting $15.72. The stock had a trading volume of 12,656 shares, compared to its average volume of 14,386. The Gabelli Global Utility & Income Trust has a 12 month low of $13.35 and a 12 month high of $17.44. The business’s 50-day moving average is $15.72 and its 200 day moving average is $15.51.

About The Gabelli Global Utility & Income Trust

The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.