Bancroft Fund (NYSEAMERICAN:BCV) Shares Cross Above 50-Day Moving Average – What’s Next?

Bancroft Fund Ltd. (NYSEAMERICAN:BCVGet Free Report)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $17.09 and traded as high as $18.11. Bancroft Fund shares last traded at $18.11, with a volume of 12,726 shares changing hands.

Bancroft Fund Trading Up 0.3%

The firm’s 50-day moving average is $17.09.

About Bancroft Fund

(Get Free Report)

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.

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