The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) Sees Significant Decrease in Short Interest

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 4,200 shares, a decline of 57.6% from the September 15th total of 9,900 shares. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 0.5 days.

The Gabelli Global Utility & Income Trust Price Performance

GLU stock opened at $18.18 on Friday. The Gabelli Global Utility & Income Trust has a 12 month low of $14.07 and a 12 month high of $18.44. The firm has a 50 day moving average of $17.99 and a two-hundred day moving average of $17.18.

The Gabelli Global Utility & 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 given a $0.10 dividend. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend is Friday, December 12th.

The Gabelli Global Utility & Income Trust Company Profile

The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.