Short Interest in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Expands By 95.2%

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 40,400 shares, a growth of 95.2% from the November 30th total of 20,700 shares. Based on an average daily trading volume, of 487,000 shares, the short-interest ratio is presently 0.1 days.

GAMCO Global Gold, Natural Resources & Income Trust Stock Performance

NYSEAMERICAN GGN traded down $0.01 during trading on Friday, hitting $3.84. The company had a trading volume of 444,485 shares, compared to its average volume of 428,440. GAMCO Global Gold, Natural Resources & Income Trust has a one year low of $3.66 and a one year high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, January 16th will be paid a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 9.38%. The ex-dividend date is Thursday, January 16th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter worth about $34,000. Sanctuary Advisors LLC purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the second quarter worth about $44,000. Grimes & Company Inc. bought a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the third quarter valued at approximately $47,000. WestHill Financial Advisors Inc. purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the third quarter valued at approximately $52,000. Finally, Captrust Financial Advisors bought a new stake in shares of GAMCO Global Gold, Natural Resources & Income Trust in the 3rd quarter worth approximately $52,000.

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.