GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Short Interest Update

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

Institutional Investors Weigh In On GAMCO Global Gold, Natural Resources & Income Trust

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

GAMCO Global Gold, Natural Resources & Income Trust Stock Down 0.3 %

Shares of GGN traded down $0.01 during trading hours on Friday, hitting $3.84. The stock 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 12 month low of $3.66 and a 12 month high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Dividend Announcement

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

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.