GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Update

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 292,852 shares, an increase of 52.7% from the February 26th total of 191,787 shares. Based on an average daily volume of 121,850 shares, the days-to-cover ratio is currently 2.4 days.

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

A number of hedge funds have recently modified their holdings of the company. Dunhill Financial LLC acquired a new stake in GAMCO Natural Resources, Gold & Income Trust during the fourth quarter worth about $37,000. Stratos Wealth Partners LTD. acquired a new position in GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at about $82,000. Thompson Davis & CO. Inc. purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter valued at approximately $83,000. Wedbush Securities Inc. purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter valued at approximately $84,000. Finally, Brookstone Capital Management acquired a new stake in shares of GAMCO Natural Resources, Gold & Income Trust during the 4th quarter worth approximately $106,000.

GAMCO Natural Resources, Gold & Income Trust Price Performance

NYSE GNT opened at $8.22 on Monday. The stock’s fifty day moving average is $8.44 and its two-hundred day moving average is $7.66. GAMCO Natural Resources, Gold & Income Trust has a fifty-two week low of $5.02 and a fifty-two week high of $9.30.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Monday, June 15th will be issued a dividend of $0.06 per share. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date is Monday, June 15th.

About GAMCO Natural Resources, Gold & Income Trust

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.