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

The Gabelli Healthcare & Wellness Trust (NYSE:GRXGet Rating) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 7,000 shares, a growth of 250.0% from the April 15th total of 2,000 shares. Based on an average trading volume of 33,800 shares, the days-to-cover ratio is presently 0.2 days.

Institutional investors have recently added to or reduced their stakes in the company. Prospera Financial Services Inc bought a new position in shares of The Gabelli Healthcare & Wellness Trust in the first quarter worth $40,000. Atwood & Palmer Inc. purchased a new position in The Gabelli Healthcare & Wellness Trust in the fourth quarter worth $50,000. Citadel Advisors LLC purchased a new position in The Gabelli Healthcare & Wellness Trust in the second quarter worth $152,000. ARGI Investment Services LLC purchased a new position in The Gabelli Healthcare & Wellness Trust in the third quarter worth $158,000. Finally, Landscape Capital Management L.L.C. purchased a new position in The Gabelli Healthcare & Wellness Trust in the fourth quarter worth $163,000.

The Gabelli Healthcare & Wellness Trust stock opened at $11.06 on Thursday. The Gabelli Healthcare & Wellness Trust has a fifty-two week low of $11.02 and a fifty-two week high of $14.25. The firm’s fifty day moving average price is $12.46 and its 200-day moving average price is $12.85.

About The Gabelli Healthcare & Wellness Trust (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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