GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) Short Interest Update

GAMCO Natural Resources, Gold & Income Trust (NYSE:GNT) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 121,471 shares, a decline of 58.5% from the March 15th total of 292,852 shares. Based on an average daily volume of 86,925 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GNT. NewEdge Advisors LLC lifted its position in GAMCO Natural Resources, Gold & Income Trust by 3.5% during the first quarter. NewEdge Advisors LLC now owns 62,164 shares of the investment management company’s stock valued at $379,000 after purchasing an additional 2,077 shares during the period. Blue Bell Private Wealth Management LLC lifted its position in GAMCO Natural Resources, Gold & Income Trust by 22.6% during the third quarter. Blue Bell Private Wealth Management LLC now owns 27,248 shares of the investment management company’s stock valued at $192,000 after purchasing an additional 5,014 shares during the period. Benjamin Edwards Inc. acquired a new position in GAMCO Natural Resources, Gold & Income Trust during the third quarter valued at $147,000. Stephens Inc. AR lifted its position in GAMCO Natural Resources, Gold & Income Trust by 14.8% during the third quarter. Stephens Inc. AR now owns 42,020 shares of the investment management company’s stock valued at $295,000 after purchasing an additional 5,410 shares during the period. Finally, Wolverine Asset Management LLC lifted its position in GAMCO Natural Resources, Gold & Income Trust by 696.5% during the third quarter. Wolverine Asset Management LLC now owns 22,310 shares of the investment management company’s stock valued at $157,000 after purchasing an additional 19,509 shares during the period.

GAMCO Natural Resources, Gold & Income Trust Trading Up 0.7%

NYSE GNT traded up $0.06 on Tuesday, reaching $8.89. 54,068 shares of the company’s stock traded hands, compared to its average volume of 101,514. The stock has a 50 day moving average price of $8.51 and a 200-day moving average price of $7.80. GAMCO Natural Resources, Gold & Income Trust has a fifty-two week low of $5.87 and a fifty-two week high of $9.30.

GAMCO Natural Resources, Gold & Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 23rd. Investors of record on Monday, June 15th will be given a dividend of $0.06 per share. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 8.1%.

GAMCO Natural Resources, Gold & Income Trust Company Profile

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.