Bancroft Fund Limited (NYSEAMERICAN:BCV – Get Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 2,311 shares, a growth of 21.4% from the January 29th total of 1,904 shares. Based on an average daily volume of 17,003 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 17,003 shares, the short-interest ratio is currently 0.1 days.
Bancroft Fund Trading Down 1.8%
NYSEAMERICAN:BCV opened at $22.56 on Wednesday. The company has a fifty day moving average of $23.20 and a 200 day moving average of $22.49. Bancroft Fund has a 52 week low of $15.63 and a 52 week high of $24.55.
About Bancroft Fund
Bancroft Fund, Inc (NYSE American: BCV) is a closed-end management investment company that seeks long-term growth of capital. Shares of the Fund trade on the NYSE American exchange, providing investors with access to a diversified portfolio of U.S. equity securities under a closed-end structure. The Fund’s board of directors oversees a disciplined investment process governed by a stated strategy and risk parameters.
The Fund’s primary investment objective is capital appreciation. To pursue this goal, Bancroft Fund allocates at least 80% of its total assets to equity securities of U.S.
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