Gamco Global Gold Ntrl Rsrcs&Incm Tr BY Short Interest Down 8.8% in August (GGN)
Gamco Global Gold Ntrl Rsrcs&Incm Tr BY (NYSE:GGN) was the recipient of a significant decrease in short interest in August. As of August 15th, there was short interest totalling 552,686 shares, a decrease of 8.8% from the July 31st total of 606,143 shares, Stock Ratings Network reports. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 408,454 shares, the short-interest ratio is currently 1.4 days.
Gamco Global Gold Ntrl Rsrcs&Incm Tr BY (NYSE:GGN) opened at 10.90 on Thursday. Gamco Global Gold Ntrl Rsrcs&Incm Tr BY has a 1-year low of $8.72 and a 1-year high of $11.38. The stock has a 50-day moving average of $10.96 and a 200-day moving average of $10.48.
The company also recently declared a monthly dividend, which is scheduled for Thursday, November 20th. Investors of record on Thursday, November 13th will be given a dividend of $0.09 per share. This represents a $1.08 dividend on an annualized basis and a yield of 9.91%. The ex-dividend date is Monday, November 10th.
GAMCO Global Gold Natural Resources and Income Trust, formerly GAMCO Global Gold, Natural Resources & Income Trust by Gabelli, is a non-diversified, closed-end management investment company.
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