Gabelli Equity Trust Inc. (NYSE:GAB) Short Interest Down 44.6% in August

Posted by George Bondi on Aug 30th, 2026

Gabelli Equity Trust Inc. (NYSE:GAB – Get Free Report) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 390,710 shares, a decrease of 44.6% from the July 30th total of 705,786 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 756,335 shares, the days-to-cover ratio is currently 0.5 days.

Gabelli Equity Trust Trading Down 0.9%

NYSE:GAB traded down $0.05 during trading hours on Friday, reaching $5.66. The company had a trading volume of 619,728 shares, compared to its average volume of 673,351. The business’s 50-day simple moving average is $5.67 and its two-hundred day simple moving average is $5.70. Gabelli Equity Trust has a twelve month low of $5.28 and a twelve month high of $6.37.

Gabelli Equity Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 16th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 10.6%. The ex-dividend date of this dividend is Wednesday, September 16th.

Hedge Funds Weigh In On Gabelli Equity Trust

Several large investors have recently added to or reduced their stakes in GAB. Commonwealth Retirement Investments LLC purchased a new stake in shares of Gabelli Equity Trust in the fourth quarter worth approximately $30,000. Geneos Wealth Management Inc. grew its holdings in Gabelli Equity Trust by 200.0% during the second quarter. Geneos Wealth Management Inc. now owns 5,100 shares of the financial services provider’s stock worth $30,000 after buying an additional 3,400 shares in the last quarter. Larson Financial Group LLC bought a new stake in Gabelli Equity Trust during the third quarter worth $34,000. PNC Financial Services Group Inc. purchased a new stake in Gabelli Equity Trust in the 1st quarter valued at $33,000. Finally, Hilton Head Capital Partners LLC purchased a new stake in Gabelli Equity Trust in the 4th quarter valued at $42,000. Institutional investors own 7.24% of the company’s stock.

About Gabelli Equity Trust

(Get Free Report)

Gabelli Equity Trust, Inc (NYSE: GAB) is a closed-end management investment company focused on generating long-term capital appreciation through an actively managed portfolio of primarily U.S.-listed equity securities. Incorporated in Delaware, the Trust pursues a value-oriented approach, leveraging intensive fundamental research to identify small- and mid-cap companies with growth potential and favorable valuation metrics.

Since its initial public offering in 1977, the Trust has invested across a range of sectors, including consumer staples, financial services, industrials and technology, aiming to construct a high-conviction portfolio of companies expected to outperform over time.