Bancroft Fund Ltd. (NYSEAMERICAN:BCV) Short Interest Up 11.8% in October

Bancroft Fund Ltd. (NYSEAMERICAN:BCV) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 15,200 shares, an increase of 11.8% from the October 15th total of 13,600 shares. Based on an average daily volume of 17,000 shares, the days-to-cover ratio is presently 0.9 days.

Bancroft Fund Stock Performance

BCV traded up $0.21 during trading on Monday, hitting $17.89. The stock had a trading volume of 10,000 shares, compared to its average volume of 19,973. Bancroft Fund has a one year low of $14.51 and a one year high of $18.41.

About Bancroft Fund

Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets. It primarily invests in convertible securities including convertible debt and convertible preferred stocks. The fund invests in stocks of companies across market capitalization.