GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Up 20.1% in December

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 40,894 shares, a growth of 20.1% from the December 15th total of 34,060 shares. Based on an average daily volume of 112,011 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 112,011 shares, the days-to-cover ratio is currently 0.4 days.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

NYSE GNT opened at $8.17 on Wednesday. GAMCO Natural Resources, Gold & Income Trust has a 52-week low of $5.02 and a 52-week high of $8.18. The company has a 50-day simple moving average of $7.51 and a 200 day simple moving average of $7.02.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.06 per share. The ex-dividend date is Tuesday, March 17th. This represents a c) annualized dividend and a dividend yield of 8.8%.

Hedge Funds Weigh In On GAMCO Natural Resources, Gold & Income Trust

Several institutional investors have recently bought and sold shares of the company. Advisors Asset Management Inc. purchased a new stake in GAMCO Natural Resources, Gold & Income Trust in the second quarter worth $1,424,000. Samalin Investment Counsel LLC grew its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 21.2% during the 2nd quarter. Samalin Investment Counsel LLC now owns 63,511 shares of the investment management company’s stock worth $399,000 after acquiring an additional 11,122 shares during the period. Capital Wealth Alliance LLC purchased a new stake in GAMCO Natural Resources, Gold & Income Trust in the 2nd quarter worth about $2,269,000. Stephens Inc. AR increased its holdings in GAMCO Natural Resources, Gold & Income Trust by 212.6% in the 2nd quarter. Stephens Inc. AR now owns 36,610 shares of the investment management company’s stock worth $230,000 after acquiring an additional 24,900 shares during the last quarter. Finally, Benjamin Edwards Inc. bought a new stake in GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter valued at about $147,000.

GAMCO Natural Resources, Gold & Income Trust Company Profile

The GAMCO Natural Resources, Gold & Income Trust (NYSE: GNT) is a closed-end management investment company that seeks total return through a combination of capital appreciation and current income. The fund primarily invests in equity securities of companies engaged in the natural resources sector, including mining, energy, agriculture and forestry businesses. In addition to selecting resource-oriented equities, the trust employs a covered-call writing strategy on select holdings to generate supplemental income for its shareholders.

Portfolio exposures span a broad range of industries within the natural resources space, such as precious metals producers, base metals miners, oil and gas companies, agricultural firms and related service providers.