Bancroft Fund Ltd. (NYSEAMERICAN:BCV - Get Free Report) saw a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 5,400 shares, a decrease of 71.4% from the March 31st total of 18,900 shares. Approximately 0.1% of the company's stock are sold short. Based on an average daily volume of 23,000 shares, the days-to-cover ratio is currently 0.2 days.
Bancroft Fund Stock Up 1.6 %
Shares of NYSEAMERICAN BCV traded up $0.26 during mid-day trading on Friday, reaching $16.75. The company had a trading volume of 10,787 shares, compared to its average volume of 21,940. Bancroft Fund has a 52-week low of $14.91 and a 52-week high of $18.77.
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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