Short Interest in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Rises By 212.0%

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 75,500 shares, an increase of 212.0% from the July 15th total of 24,200 shares. Based on an average daily volume of 360,500 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On GAMCO Global Gold, Natural Resources & Income Trust

Hedge funds have recently made changes to their positions in the business. Vanguard Capital Wealth Advisors raised its stake in shares of GAMCO Global Gold, Natural Resources & Income Trust by 2.2% during the 4th quarter. Vanguard Capital Wealth Advisors now owns 238,723 shares of the investment management company’s stock worth $898,000 after purchasing an additional 5,227 shares during the period. Atomi Financial Group Inc. increased its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 11.8% in the 1st quarter. Atomi Financial Group Inc. now owns 81,490 shares of the investment management company’s stock worth $315,000 after acquiring an additional 8,626 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in GAMCO Global Gold, Natural Resources & Income Trust by 19.9% in the 1st quarter. Advisors Asset Management Inc. now owns 387,501 shares of the investment management company’s stock worth $1,496,000 after acquiring an additional 64,189 shares during the last quarter. Forte Capital LLC ADV purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter worth about $61,000. Finally, Mitchell Sinkler & Starr PA purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter worth about $52,000.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

Shares of NYSEAMERICAN:GGN opened at $4.08 on Tuesday. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $3.51 and a 1-year high of $4.20.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, August 23rd. Stockholders of record on Friday, August 16th will be paid a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.82%. The ex-dividend date of this dividend is Friday, August 16th.

GAMCO Global Gold, Natural Resources & Income Trust Company Profile

GAMCO Global Gold, Natural Resources & Income Trust is a closed ended equity mutual fund launched by GAMCO Investors, Inc The fund is managed by Gabelli Funds, LLC. It invests in the public equity markets across the globe. The fund invests in stocks of companies principally engaged in the gold and natural resources industries including companies principally engaged in the exploration, mining, fabrication, processing, distribution, or trading of gold, or the financing, managing and controlling, or operating of companies engaged in gold related activities.