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

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) saw a large growth in short interest in 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 trading volume of 208,703 shares, the days-to-cover ratio is currently 0.9 days.

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

Large investors have recently bought and sold shares of the stock. Wealthcare Advisory Partners LLC lifted its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 2.8% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 435,555 shares of the investment management company’s stock worth $3,245,000 after acquiring an additional 12,001 shares during the period. Advisors Asset Management Inc. increased its stake in shares of GAMCO Natural Resources, Gold & Income Trust by 1.1% during the fourth quarter. Advisors Asset Management Inc. now owns 377,486 shares of the investment management company’s stock valued at $2,812,000 after acquiring an additional 4,209 shares during the period. LPL Financial LLC raised its holdings in GAMCO Natural Resources, Gold & Income Trust by 4.6% during the fourth quarter. LPL Financial LLC now owns 279,214 shares of the investment management company’s stock worth $2,080,000 after purchasing an additional 12,180 shares in the last quarter. NewEdge Advisors LLC raised its holdings in GAMCO Natural Resources, Gold & Income Trust by 98.1% during the third quarter. NewEdge Advisors LLC now owns 153,936 shares of the investment management company’s stock worth $1,082,000 after purchasing an additional 76,217 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in GAMCO Natural Resources, Gold & Income Trust by 4.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 148,269 shares of the investment management company’s stock worth $1,105,000 after purchasing an additional 5,836 shares during the period.

GAMCO Natural Resources, Gold & Income Trust Price Performance

Shares of GNT opened at $8.13 on Thursday. GAMCO Natural Resources, Gold & Income Trust has a one year low of $6.22 and a one year high of $9.30. The stock’s fifty day moving average is $8.31 and its 200-day moving average is $8.30.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 16th will be given a $0.06 dividend. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date is Wednesday, September 16th.

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.