Short Interest in GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) Declines By 60.2%

GAMCO Global Gold, Natural Resources & Income Trust (NYSEAMERICAN:GGN) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 61,200 shares, a drop of 60.2% from the February 28th total of 153,900 shares. Based on an average daily volume of 545,900 shares, the short-interest ratio is presently 0.1 days.

GAMCO Global Gold, Natural Resources & Income Trust Trading Down 0.2 %

NYSEAMERICAN:GGN traded down $0.01 on Friday, hitting $4.34. The stock had a trading volume of 324,579 shares, compared to its average volume of 459,664. GAMCO Global Gold, Natural Resources & Income Trust has a 1-year low of $3.75 and a 1-year high of $4.48.

GAMCO Global Gold, Natural Resources & Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Tuesday, April 15th will be issued a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 8.29%. The ex-dividend date is Tuesday, April 15th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GGN. Stephens Inc. AR purchased a new position in GAMCO Global Gold, Natural Resources & Income Trust during the fourth quarter worth about $38,000. Root Financial Partners LLC purchased a new position in shares of GAMCO Global Gold, Natural Resources & Income Trust during the 4th quarter worth approximately $39,000. Elequin Capital LP acquired a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the 4th quarter valued at approximately $42,000. GWN Securities Inc. purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the fourth quarter valued at approximately $44,000. Finally, Captrust Financial Advisors purchased a new stake in GAMCO Global Gold, Natural Resources & Income Trust in the third quarter valued at approximately $52,000.

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.