GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Up 115.6% in June

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 190,336 shares, a growth of 115.6% from the May 31st total of 88,268 shares. Based on an average daily volume of 208,703 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in GNT. Dunhill Financial LLC purchased a new stake in shares of GAMCO Natural Resources, Gold & Income Trust in the 4th quarter worth about $37,000. Stratos Wealth Partners LTD. purchased a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the fourth quarter valued at about $82,000. Thompson Davis & CO. Inc. purchased a new position in shares of GAMCO Natural Resources, Gold & Income Trust during the fourth quarter valued at about $83,000. Brookstone Capital Management bought a new position in GAMCO Natural Resources, Gold & Income Trust in the fourth quarter worth about $106,000. Finally, Wedbush Securities Inc. raised its stake in GAMCO Natural Resources, Gold & Income Trust by 20.9% in the fourth quarter. Wedbush Securities Inc. now owns 14,515 shares of the investment management company’s stock worth $108,000 after buying an additional 2,508 shares in the last quarter.

GAMCO Natural Resources, Gold & Income Trust Stock Up 0.9%

GNT opened at $8.20 on Tuesday. The business has a 50 day simple moving average of $8.35 and a two-hundred day simple moving average of $8.29. GAMCO Natural Resources, Gold & Income Trust has a one year low of $6.17 and a one year 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 Wednesday, September 23rd. Investors of record on Wednesday, September 16th will be issued a $0.06 dividend. The ex-dividend date is Wednesday, September 16th. This represents a c) annualized dividend and a yield of 8.8%.

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.