The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 356 shares, a decrease of 86.3% from the April 15th total of 2,594 shares. Based on an average trading volume of 21,214 shares, the days-to-cover ratio is presently 0.0 days.
Hedge Funds Weigh In On The Gabelli Healthcare & Wellness Trust
Several large investors have recently added to or reduced their stakes in GRX. Sit Investment Associates Inc. lifted its stake in The Gabelli Healthcare & Wellness Trust by 23.7% during the fourth quarter. Sit Investment Associates Inc. now owns 1,031,350 shares of the investment management company’s stock worth $9,932,000 after purchasing an additional 197,594 shares during the last quarter. Evolve Private Wealth LLC bought a new stake in shares of The Gabelli Healthcare & Wellness Trust in the 4th quarter worth approximately $1,722,000. &PARTNERS bought a new stake in shares of The Gabelli Healthcare & Wellness Trust in the 4th quarter worth approximately $1,143,000. Saba Capital Management L.P. lifted its holdings in shares of The Gabelli Healthcare & Wellness Trust by 3.3% in the 4th quarter. Saba Capital Management L.P. now owns 2,118,201 shares of the investment management company’s stock worth $20,398,000 after purchasing an additional 67,166 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its holdings in shares of The Gabelli Healthcare & Wellness Trust by 9.6% in the 4th quarter. Gamco Investors INC. ET AL now owns 342,226 shares of the investment management company’s stock worth $3,296,000 after purchasing an additional 30,000 shares during the last quarter.
The Gabelli Healthcare & Wellness Trust Stock Up 0.9%
The Gabelli Healthcare & Wellness Trust stock traded up $0.08 during midday trading on Thursday, hitting $9.05. The stock had a trading volume of 14,447 shares, compared to its average volume of 31,469. The Gabelli Healthcare & Wellness Trust has a 12 month low of $8.90 and a 12 month high of $10.05. The business has a fifty day moving average price of $9.20 and a 200 day moving average price of $9.46.
The Gabelli Healthcare & Wellness Trust Announces Dividend
About The Gabelli Healthcare & Wellness Trust
The Gabelli Healthcare & Wellness Trust (NYSE: GRX) is a closed-end management investment company that seeks both capital appreciation and current income. The trust primarily invests in equity and equity-related securities of companies operating in the healthcare and wellness sectors. Trading on the New York Stock Exchange under the symbol GRX, the fund provides investors with exposure to growth opportunities in healthcare through its closed-end structure.
The trust’s portfolio is diversified across a broad range of healthcare sub-industries, including pharmaceuticals, biotechnology, medical devices, and healthcare services.
Featured Stories
- Five stocks we like better than The Gabelli Healthcare & Wellness Trust
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for The Gabelli Healthcare & Wellness Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Gabelli Healthcare & Wellness Trust and related companies with MarketBeat.com's FREE daily email newsletter.
