GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Short Interest Update

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 385,400 shares, a growth of 302.3% from the August 31st total of 95,800 shares. Based on an average daily volume of 468,600 shares, the days-to-cover ratio is currently 0.8 days. Based on an average daily volume of 468,600 shares, the days-to-cover ratio is currently 0.8 days.

GAMCO Global Gold, Natural Resources & Income Trust Stock Up 0.4%

NYSEAMERICAN:GGN opened at $5.19 on Friday. The firm’s 50 day moving average is $4.78 and its 200 day moving average is $4.49. GAMCO Global Gold, Natural Resources & Income Trust has a 12 month low of $3.68 and a 12 month high of $5.21.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 12th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 6.9%.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Acropolis Investment Management LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the 2nd quarter valued at $53,000. Texas Yale Capital Corp. bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the 1st quarter valued at $57,000. Modera Wealth Management LLC raised its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 25.5% during the 1st quarter. Modera Wealth Management LLC now owns 13,424 shares of the investment management company’s stock valued at $59,000 after acquiring an additional 2,731 shares during the period. Sheaff Brock Investment Advisors LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the 1st quarter valued at $61,000. Finally, Moloney Securities Asset Management LLC bought a new stake in GAMCO Global Gold, Natural Resources & Income Trust during the 2nd quarter valued at $65,000.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & 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 the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.