The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Short Interest Update

The Gabelli Healthcare & Wellness Trust (NYSE:GRXGet Rating) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 2,000 shares, a drop of 73.3% from the March 31st total of 7,500 shares. Based on an average trading volume of 36,300 shares, the days-to-cover ratio is currently 0.1 days.

The Gabelli Healthcare & Wellness Trust stock traded down $0.06 during mid-day trading on Thursday, reaching $11.83. 32,930 shares of the company were exchanged, compared to its average volume of 40,839. The Gabelli Healthcare & Wellness Trust has a twelve month low of $11.76 and a twelve month high of $14.25. The firm’s 50-day simple moving average is $12.60 and its two-hundred day simple moving average is $12.95.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 24th. Shareholders of record on Thursday, March 17th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, March 16th. This represents a $0.60 dividend on an annualized basis and a yield of 5.07%.

A number of institutional investors have recently bought and sold shares of GRX. Atwood & Palmer Inc. acquired a new stake in shares of The Gabelli Healthcare & Wellness Trust in the 4th quarter valued at approximately $50,000. Advisor Group Holdings Inc. lifted its holdings in shares of The Gabelli Healthcare & Wellness Trust by 3.5% in the 3rd quarter. Advisor Group Holdings Inc. now owns 23,713 shares of the investment management company’s stock valued at $314,000 after buying an additional 804 shares during the period. Guggenheim Capital LLC lifted its holdings in shares of The Gabelli Healthcare & Wellness Trust by 28.1% in the 3rd quarter. Guggenheim Capital LLC now owns 32,331 shares of the investment management company’s stock valued at $427,000 after buying an additional 7,095 shares during the period. Blue Bell Private Wealth Management LLC lifted its holdings in shares of The Gabelli Healthcare & Wellness Trust by 16.0% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 95,075 shares of the investment management company’s stock valued at $1,290,000 after buying an additional 13,110 shares during the period. Finally, Landscape Capital Management L.L.C. acquired a new stake in shares of The Gabelli Healthcare & Wellness Trust in the 4th quarter valued at approximately $163,000.

The Gabelli Healthcare & Wellness Trust Company Profile (Get Rating)

The Gabelli Healthcare and Wellness Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector.

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