GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Stock Short Interest Report for September

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 195,649 shares, a growth of 252.8% from the September 15th total of 55,455 shares. Based on an average trading volume of 504,113 shares, the short-interest ratio is currently 0.4 days.

GAMCO Global Gold, Natural Resources & Income Trust Stock Up 1.1%

GAMCO Global Gold, Natural Resources & Income Trust stock traded up $0.06 during mid-day trading on Friday, reaching $5.32. 243,144 shares of the company were exchanged, compared to its average volume of 583,994. GAMCO Global Gold, Natural Resources & Income Trust has a twelve month low of $4.63 and a twelve month high of $5.88. The firm’s 50-day simple moving average is $5.43 and its two-hundred day simple moving average is $5.23.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, December 18th. Stockholders of record on Friday, December 11th will be paid a dividend of $0.0350 per share. This represents a $0.42 annualized dividend and a dividend yield of 7.9%. The ex-dividend date is Friday, December 11th.

Institutional Investors Weigh In On GAMCO Global Gold, Natural Resources & Income Trust

Hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC increased its stake in GAMCO Global Gold, Natural Resources & Income Trust by 42.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,305,574 shares of the investment management company’s stock valued at $6,946,000 after buying an additional 386,270 shares during the period. Bank of America Corp DE boosted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 8.5% in the first quarter. Bank of America Corp DE now owns 1,292,854 shares of the investment management company’s stock valued at $6,878,000 after acquiring an additional 101,590 shares in the last quarter. Sovran Advisors LLC boosted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 0.9% in the first quarter. Sovran Advisors LLC now owns 957,497 shares of the investment management company’s stock valued at $5,056,000 after acquiring an additional 8,987 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of GAMCO Global Gold, Natural Resources & Income Trust by 1.8% in the first quarter. Private Advisor Group LLC now owns 782,421 shares of the investment management company’s stock valued at $4,162,000 after acquiring an additional 13,778 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 1.4% during the first quarter. Kestra Advisory Services LLC now owns 694,016 shares of the investment management company’s stock worth $3,692,000 after acquiring an additional 9,450 shares during the period.

About GAMCO Global Gold, Natural Resources & Income Trust

GAMCO Global Gold, Natural Resources & Income Trust is a closed-end investment company listed on the NYSE American under the symbol GGN. The fund seeks to provide current income and capital appreciation by investing primarily in companies involved in gold, natural resources and related industries.

The trust generally invests in equity securities of global companies engaged in the exploration, development, production and processing of gold and other natural resources. Its portfolio may also include income-producing securities.