GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Up 92.1% in November

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 38,800 shares, an increase of 92.1% from the November 15th total of 20,200 shares. Based on an average daily trading volume, of 40,700 shares, the days-to-cover ratio is presently 1.0 days.

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

A number of institutional investors have recently modified their holdings of the business. Capital Wealth Alliance LLC increased its position in GAMCO Natural Resources, Gold & Income Trust by 2.3% during the 3rd quarter. Capital Wealth Alliance LLC now owns 488,629 shares of the investment management company’s stock worth $2,868,000 after purchasing an additional 10,987 shares in the last quarter. Raymond James & Associates increased its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 10.2% during the second quarter. Raymond James & Associates now owns 240,305 shares of the investment management company’s stock worth $1,319,000 after buying an additional 22,332 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of GAMCO Natural Resources, Gold & Income Trust by 434.2% during the third quarter. International Assets Investment Management LLC now owns 136,513 shares of the investment management company’s stock worth $801,000 after buying an additional 110,957 shares in the last quarter. Oxbow Advisors LLC bought a new position in shares of GAMCO Natural Resources, Gold & Income Trust in the 3rd quarter valued at $226,000. Finally, Chevy Chase Trust Holdings LLC acquired a new stake in shares of GAMCO Natural Resources, Gold & Income Trust during the 3rd quarter valued at $176,000.

GAMCO Natural Resources, Gold & Income Trust Stock Performance

NYSE:GNT traded up $0.02 during mid-day trading on Friday, reaching $5.85. The stock had a trading volume of 13,690 shares, compared to its average volume of 40,683. GAMCO Natural Resources, Gold & Income Trust has a 12 month low of $4.79 and a 12 month high of $6.16. The stock has a 50-day simple moving average of $5.86 and a two-hundred day simple moving average of $5.72.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 17th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.48 annualized dividend and a dividend yield of 8.21%.

About GAMCO Natural Resources, Gold & Income Trust

GAMCO Natural Resources, Gold & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in public equity markets across the globe. The fund invests in securities of companies principally engaged in natural resource and gold industries and by writing covered call options on the underlying equity securities.