Short Interest in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Increases By 229.1%

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 191,787 shares, a growth of 229.1% from the February 12th total of 58,285 shares. Based on an average daily trading volume, of 98,637 shares, the days-to-cover ratio is currently 1.9 days. Based on an average daily trading volume, of 98,637 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Trading of GAMCO Natural Resources, Gold & Income Trust

Hedge funds have recently modified their holdings of the business. Osaic Holdings Inc. raised its position in GAMCO Natural Resources, Gold & Income Trust by 3.0% during the fourth quarter. Osaic Holdings Inc. now owns 52,617 shares of the investment management company’s stock valued at $392,000 after buying an additional 1,516 shares during the period. NewEdge Advisors LLC increased its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 3.5% in the first quarter. NewEdge Advisors LLC now owns 62,164 shares of the investment management company’s stock worth $379,000 after acquiring an additional 2,077 shares during the last quarter. Wedbush Securities Inc. raised its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 20.9% during the 4th quarter. Wedbush Securities Inc. now owns 14,515 shares of the investment management company’s stock worth $108,000 after purchasing an additional 2,508 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 7.8% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 38,800 shares of the investment management company’s stock valued at $289,000 after buying an additional 2,800 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in GAMCO Natural Resources, Gold & Income Trust by 4.1% in the third quarter. Bank of America Corp DE now owns 93,408 shares of the investment management company’s stock worth $657,000 after buying an additional 3,636 shares during the last quarter.

GAMCO Natural Resources, Gold & Income Trust Price Performance

NYSE GNT traded up $0.01 on Wednesday, reaching $8.59. The company’s stock had a trading volume of 79,222 shares, compared to its average volume of 113,560. GAMCO Natural Resources, Gold & Income Trust has a twelve month low of $5.02 and a twelve month high of $9.30. The firm’s 50 day moving average is $8.33 and its two-hundred day moving average is $7.54.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Monday, June 15th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 8.4%.

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.