The Gabelli Dividend & Income Trust (NYSE:GDV) Sees Significant Decline in Short Interest

Posted by Brian Himes on Jun 1st, 2026

The Gabelli Dividend & Income Trust (NYSE:GDV – Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 38,836 shares, a drop of 52.2% from the April 30th total of 81,279 shares. Based on an average daily trading volume, of 105,657 shares, the short-interest ratio is currently 0.4 days.

The Gabelli Dividend & Income Trust Price Performance

Shares of The Gabelli Dividend & Income Trust stock traded down $0.03 during mid-day trading on Monday, reaching $29.21. 90,824 shares of the stock traded hands, compared to its average volume of 122,925. The business has a 50-day moving average of $28.47 and a 200 day moving average of $28.15. The Gabelli Dividend & Income Trust has a fifty-two week low of $24.57 and a fifty-two week high of $29.58.

The Gabelli Dividend & Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 16th will be paid a $0.15 dividend. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend is Wednesday, September 16th.

Institutional Investors Weigh In On The Gabelli Dividend & Income Trust

A number of large investors have recently modified their holdings of GDV. Community Bank N.A. acquired a new stake in shares of The Gabelli Dividend & Income Trust in the third quarter valued at about $27,000. Larson Financial Group LLC acquired a new position in The Gabelli Dividend & Income Trust during the third quarter worth about $30,000. Assetmark Inc. boosted its position in The Gabelli Dividend & Income Trust by 142.3% during the first quarter. Assetmark Inc. now owns 1,323 shares of the financial services provider’s stock worth $36,000 after acquiring an additional 777 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in The Gabelli Dividend & Income Trust during the 3rd quarter valued at about $38,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in The Gabelli Dividend & Income Trust in the 4th quarter valued at about $44,000.

The Gabelli Dividend & Income Trust Company Profile

(Get Free Report)

The Gabelli Dividend & Income Trust (NYSE: GDV) is a diversified, closed-end management investment company organized in 1993 and based in Rye, New York. Managed by Gabelli Funds, LLC—a subsidiary of GAMCO Investors, Inc—the trust seeks to provide a high level of current dividend income while preserving prospects for capital appreciation. It is listed on the New York Stock Exchange and attracts investors looking for regular distributions and potential long-term total return.

The trust’s primary investment focus is on dividend-paying common stocks of U.S.