Bancroft Fund Ltd. (NYSEAMERICAN:BCV) Short Interest Update

Bancroft Fund Ltd. (NYSEAMERICAN:BCV - Get Free Report) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 18,700 shares, an increase of 392.1% from the February 13th total of 3,800 shares. Based on an average trading volume of 16,900 shares, the short-interest ratio is currently 1.1 days. Approximately 0.3% of the shares of the company are short sold.

Bancroft Fund Stock Performance

Shares of NYSEAMERICAN BCV traded up $0.09 during trading hours on Wednesday, reaching $17.65. The stock had a trading volume of 19,907 shares, compared to its average volume of 16,755. Bancroft Fund has a twelve month low of $14.51 and a twelve month high of $18.77.

Bancroft Fund Company Profile

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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