Short Interest in GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Drops By 38.1%

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 24,000 shares, a decrease of 38.1% from the November 30th total of 38,800 shares. Based on an average daily volume of 36,900 shares, the short-interest ratio is presently 0.7 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP bought a new stake in shares of GAMCO Natural Resources, Gold & Income Trust during the 3rd quarter worth $151,000. Chevy Chase Trust Holdings LLC purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at $176,000. Oxbow Advisors LLC acquired a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter valued at $226,000. Capital Wealth Alliance LLC increased its stake in GAMCO Natural Resources, Gold & Income Trust by 2.3% in the 3rd quarter. Capital Wealth Alliance LLC now owns 488,629 shares of the investment management company’s stock worth $2,868,000 after purchasing an additional 10,987 shares in the last quarter. Finally, Stephens Inc. AR lifted its stake in GAMCO Natural Resources, Gold & Income Trust by 21.9% during the third quarter. Stephens Inc. AR now owns 13,210 shares of the investment management company’s stock valued at $78,000 after buying an additional 2,375 shares in the last quarter.

GAMCO Natural Resources, Gold & Income Trust Stock Up 0.2 %

Shares of NYSE GNT opened at $5.42 on Friday. GAMCO Natural Resources, Gold & Income Trust has a 1 year low of $4.79 and a 1 year high of $6.16. The stock has a fifty day moving average price of $5.76 and a two-hundred day moving average price of $5.72.

GAMCO Natural Resources, Gold & Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, January 16th will be issued a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 8.86%. The ex-dividend date is Thursday, January 16th.

About GAMCO Natural Resources, Gold & Income Trust

GAMCO Natural Resources, Gold & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.