GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT – Get Free Report) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totaling 100,105 shares, a decline of 17.6% from the March 31st total of 121,471 shares. Based on an average trading volume of 63,140 shares, the short-interest ratio is currently 1.6 days.
Hedge Funds Weigh In On GAMCO Natural Resources, Gold & Income Trust
Hedge funds have recently added to or reduced their stakes in the company. Dunhill Financial LLC purchased a new stake in GAMCO Natural Resources, Gold & Income Trust during the 4th quarter valued at $37,000. Stratos Wealth Partners LTD. purchased a new stake in GAMCO Natural Resources, Gold & Income Trust during the 4th quarter valued at $82,000. Thompson Davis & CO. Inc. purchased a new stake in GAMCO Natural Resources, Gold & Income Trust during the 4th quarter valued at $83,000. Wedbush Securities Inc. purchased a new stake in GAMCO Natural Resources, Gold & Income Trust during the 3rd quarter valued at $84,000. Finally, Brookstone Capital Management purchased a new stake in GAMCO Natural Resources, Gold & Income Trust during the 4th quarter valued at $106,000.
GAMCO Natural Resources, Gold & Income Trust Price Performance
NYSE GNT traded down $0.02 during mid-day trading on Friday, reaching $8.46. The stock had a trading volume of 45,470 shares, compared to its average volume of 96,720. GAMCO Natural Resources, Gold & Income Trust has a 1 year low of $5.93 and a 1 year high of $9.30. The company has a fifty day moving average price of $8.60 and a 200 day moving average price of $7.93.
GAMCO Natural Resources, Gold & Income Trust Dividend Announcement
About GAMCO Natural Resources, Gold & Income Trust
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.
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