GAMCO Global Gold Ntrl Rsrcs & Incm Trst (GGN) Short Interest Down 77.7% in July

GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSE:GGN) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totalling 12,997 shares, a decline of 77.7% from the July 14th total of 58,286 shares. Based on an average daily volume of 347,553 shares, the short-interest ratio is presently 0.0 days.

Shares of GAMCO Global Gold Ntrl Rsrcs & Incm Trst (NYSE GGN) opened at 5.57 on Thursday. GAMCO Global Gold Ntrl Rsrcs & Incm Trst has a 1-year low of $5.07 and a 1-year high of $7.03. The firm has a 50-day moving average of $5.55 and a 200 day moving average of $5.59.

The business also recently announced a monthly dividend, which was paid on Monday, July 24th. Stockholders of record on Monday, July 17th were given a $0.05 dividend. The ex-dividend date was Thursday, July 13th. This represents a $0.60 annualized dividend and a dividend yield of 10.77%.

Several large investors have recently bought and sold shares of GGN. Nwam LLC boosted its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 0.6% in the second quarter. Nwam LLC now owns 54,650 shares of the investment management company’s stock valued at $301,000 after buying an additional 300 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 8.7% in the second quarter. Janney Montgomery Scott LLC now owns 186,975 shares of the investment management company’s stock valued at $1,030,000 after buying an additional 14,945 shares in the last quarter. Flagship Harbor Advisors LLC boosted its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 19.0% in the second quarter. Flagship Harbor Advisors LLC now owns 30,861 shares of the investment management company’s stock valued at $172,000 after buying an additional 4,920 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 1.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 127,355 shares of the investment management company’s stock valued at $702,000 after buying an additional 1,636 shares in the last quarter. Finally, BB&T Securities LLC boosted its stake in GAMCO Global Gold Ntrl Rsrcs & Incm Trst by 15.8% in the second quarter. BB&T Securities LLC now owns 141,944 shares of the investment management company’s stock valued at $782,000 after buying an additional 19,352 shares in the last quarter.

TRADEMARK VIOLATION NOTICE: “GAMCO Global Gold Ntrl Rsrcs & Incm Trst (GGN) Short Interest Down 77.7% in July” was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this report on another site, it was stolen and republished in violation of U.S. & international copyright & trademark law. The original version of this report can be read at https://sportsperspectives.com/2017/08/10/gamco-global-gold-ntrl-rsrcs-incm-trst-ggn-short-interest-down-77-7-in-july.html.

About GAMCO Global Gold Ntrl Rsrcs & Incm Trst

GAMCO Global Gold, Natural Resources & Income Trust (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Fund’s secondary investment objective is to seek capital appreciation consistent with the Fund’s strategy and its primary objective.

Receive News & Ratings for GAMCO Global Gold Ntrl Rsrcs & Incm Trst Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GAMCO Global Gold Ntrl Rsrcs & Incm Trst and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply