GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN – Get Free Report) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 153,900 shares, an increase of 37.0% from the February 13th total of 112,300 shares. Based on an average trading volume of 534,800 shares, the short-interest ratio is presently 0.3 days.
GAMCO Global Gold, Natural Resources & Income Trust Price Performance
NYSEAMERICAN:GGN traded up $0.04 during mid-day trading on Monday, hitting $4.24. 791,977 shares of the company traded hands, compared to its average volume of 451,057. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $3.75 and a one year high of $4.48.
GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Tuesday, April 15th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 8.49%.
Institutional Investors Weigh In On GAMCO Global Gold, Natural Resources & Income Trust
About GAMCO Global Gold, Natural Resources & Income Trust
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.
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