Bancroft Fund Ltd. (NYSEAMERICAN:BCV) Short Interest Up 47.8% in October

Bancroft Fund Ltd. (NYSEAMERICAN:BCV) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 13,600 shares, an increase of 47.8% from the September 30th total of 9,200 shares. Based on an average daily trading volume, of 16,600 shares, the short-interest ratio is presently 0.8 days.

Bancroft Fund Trading Down 0.4 %

Shares of NYSEAMERICAN:BCV traded down $0.06 during trading on Tuesday, hitting $16.86. The company’s stock had a trading volume of 28,630 shares, compared to its average volume of 20,108. Bancroft Fund has a 12 month low of $14.12 and a 12 month high of $17.42.

About Bancroft Fund

Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets. It primarily invests in convertible securities including convertible debt and convertible preferred stocks. The fund invests in stocks of companies across market capitalization.