Bancroft Fund Ltd. (NYSEAMERICAN:BCV - Get Free Report) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 13,600 shares, an increase of 491.3% from the December 31st total of 2,300 shares. Based on an average daily trading volume, of 17,600 shares, the days-to-cover ratio is currently 0.8 days.
Bancroft Fund Price Performance
Shares of BCV stock traded up $0.11 during mid-day trading on Friday, hitting $18.43. The company had a trading volume of 15,036 shares, compared to its average volume of 14,822. Bancroft Fund has a 52-week low of $14.51 and a 52-week high of $18.64.
About Bancroft Fund
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Bancroft Fund Ltd. is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in the public equity markets. It primarily invests in convertible securities including convertible debt and convertible preferred stocks. The fund invests in stocks of companies across market capitalization.
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