The Gabelli Healthcare & Wellness Trust (NYSE:GRX – Get Free Report) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 12,100 shares, a decrease of 48.1% from the February 13th total of 23,300 shares. Based on an average daily volume of 28,600 shares, the short-interest ratio is presently 0.4 days.
The Gabelli Healthcare & Wellness Trust Stock Up 0.7 %
NYSE:GRX traded up $0.07 during mid-day trading on Friday, reaching $9.96. The company’s stock had a trading volume of 5,090 shares, compared to its average volume of 28,958. The Gabelli Healthcare & Wellness Trust has a twelve month low of $9.21 and a twelve month high of $11.24. The company’s fifty day simple moving average is $10.02 and its two-hundred day simple moving average is $10.34.
The Gabelli Healthcare & Wellness Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 24th. Stockholders of record on Monday, March 17th will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, March 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.02%.
Insider Buying and Selling at The Gabelli Healthcare & Wellness Trust
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the company. Quarry LP purchased a new position in shares of The Gabelli Healthcare & Wellness Trust in the 3rd quarter worth about $72,000. Winebrenner Capital Management LLC purchased a new stake in The Gabelli Healthcare & Wellness Trust during the 4th quarter worth $125,000. Independent Advisor Alliance acquired a new stake in The Gabelli Healthcare & Wellness Trust in the 4th quarter valued at $147,000. Capstone Investment Advisors LLC acquired a new position in shares of The Gabelli Healthcare & Wellness Trust during the third quarter worth about $191,000. Finally, Raymond James Financial Inc. purchased a new position in The Gabelli Healthcare & Wellness Trust in the 4th quarter worth approximately $171,000.
The Gabelli Healthcare & Wellness Trust Company Profile
The Gabelli Healthcare and Wellness 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 seeks to invest in stocks of companies primarily operating in the healthcare and wellness sector.
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