Royce Global Value Trust, Inc. (NYSE:RGT) Short Interest Update

Royce Global Value Trust, Inc. (NYSE:RGTGet Rating) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 6,200 shares, a growth of 342.9% from the April 15th total of 1,400 shares. Based on an average trading volume of 11,200 shares, the days-to-cover ratio is currently 0.6 days.

A number of large investors have recently added to or reduced their stakes in RGT. Wolverine Asset Management LLC bought a new stake in Royce Global Value Trust during the fourth quarter worth approximately $97,000. Moors & Cabot Inc. bought a new stake in shares of Royce Global Value Trust in the third quarter valued at approximately $105,000. LPL Financial LLC bought a new stake in shares of Royce Global Value Trust in the third quarter valued at approximately $235,000. Bank of America Corp DE lifted its position in Royce Global Value Trust by 32.3% in the fourth quarter. Bank of America Corp DE now owns 18,002 shares of the company’s stock worth $236,000 after purchasing an additional 4,397 shares during the period. Finally, Atlantic Union Bankshares Corp lifted its position in Royce Global Value Trust by 7.5% in the first quarter. Atlantic Union Bankshares Corp now owns 22,880 shares of the company’s stock worth $260,000 after purchasing an additional 1,600 shares during the period.

Shares of NYSE RGT opened at $9.20 on Thursday. The firm has a 50-day moving average of $10.69 and a two-hundred day moving average of $12.54. Royce Global Value Trust has a twelve month low of $9.20 and a twelve month high of $17.63.

About Royce Global Value Trust (Get Rating)

Royce Global Value Trust, Inc was a closed ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets across the globe. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small-cap and micro-cap companies.

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