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

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 40,894 shares, a growth of 20.1% from the December 15th total of 34,060 shares. Based on an average trading volume of 112,011 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 112,011 shares, the days-to-cover ratio is currently 0.4 days.

GAMCO Natural Resources, Gold & Income Trust Stock Up 1.2%

Shares of NYSE GNT traded up $0.10 during midday trading on Tuesday, reaching $8.17. The company’s stock had a trading volume of 134,057 shares, compared to its average volume of 104,621. GAMCO Natural Resources, Gold & Income Trust has a one year low of $5.02 and a one year high of $8.18. The company has a 50 day moving average price of $7.49 and a 200 day moving average price of $7.01.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 17th will be issued a dividend of $0.06 per share. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend is Tuesday, March 17th.

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

Hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC grew its position in GAMCO Natural Resources, Gold & Income Trust by 3.5% during the 1st quarter. NewEdge Advisors LLC now owns 62,164 shares of the investment management company’s stock worth $379,000 after purchasing an additional 2,077 shares in the last quarter. Bank of America Corp DE raised its position in GAMCO Natural Resources, Gold & Income Trust by 4.1% during the third quarter. Bank of America Corp DE now owns 93,408 shares of the investment management company’s stock valued at $657,000 after buying an additional 3,636 shares during the period. Capital Wealth Alliance LLC lifted its stake in GAMCO Natural Resources, Gold & Income Trust by 1.3% in the 3rd quarter. Capital Wealth Alliance LLC now owns 365,571 shares of the investment management company’s stock worth $2,570,000 after acquiring an additional 4,642 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its position in GAMCO Natural Resources, Gold & Income Trust by 22.6% during the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 27,248 shares of the investment management company’s stock worth $192,000 after acquiring an additional 5,014 shares during the period. Finally, Stephens Inc. AR boosted its position in GAMCO Natural Resources, Gold & Income Trust by 14.8% during the 3rd quarter. Stephens Inc. AR now owns 42,020 shares of the investment management company’s stock worth $295,000 after acquiring an additional 5,410 shares during the period.

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.