GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Update

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 190,336 shares, a growth of 115.6% from the May 31st total of 88,268 shares. Based on an average daily trading volume, of 208,703 shares, the days-to-cover ratio is presently 0.9 days.

Hedge Funds Weigh In On GAMCO Natural Resources, Gold & Income Trust

Several large investors have recently modified their holdings of the stock. Wealthcare Advisory Partners LLC lifted its position in GAMCO Natural Resources, Gold & Income Trust by 2.8% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 435,555 shares of the investment management company’s stock worth $3,245,000 after buying an additional 12,001 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 1.1% in the fourth quarter. Advisors Asset Management Inc. now owns 377,486 shares of the investment management company’s stock valued at $2,812,000 after acquiring an additional 4,209 shares during the period. LPL Financial LLC raised its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 4.6% in the fourth quarter. LPL Financial LLC now owns 279,214 shares of the investment management company’s stock valued at $2,080,000 after acquiring an additional 12,180 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 98.1% in the 3rd quarter. NewEdge Advisors LLC now owns 153,936 shares of the investment management company’s stock worth $1,082,000 after acquiring an additional 76,217 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 4.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 148,269 shares of the investment management company’s stock worth $1,105,000 after acquiring an additional 5,836 shares during the last quarter.

GAMCO Natural Resources, Gold & Income Trust Stock Down 0.2%

Shares of NYSE:GNT traded down $0.02 during trading on Wednesday, reaching $8.13. The company’s stock had a trading volume of 119,208 shares, compared to its average volume of 105,041. GAMCO Natural Resources, Gold & Income Trust has a 12 month low of $6.22 and a 12 month high of $9.30. The firm’s 50 day simple moving average is $8.33 and its two-hundred day simple moving average is $8.29.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 16th will be paid a $0.06 dividend. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend is Wednesday, September 16th.

GAMCO Natural Resources, Gold & Income Trust Company Profile

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.