Bancroft Fund Ltd. (NYSEAMERICAN:BCV - Get Free Report) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 5,400 shares, a drop of 71.4% from the March 31st total of 18,900 shares. Based on an average daily trading volume, of 23,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company's stock are sold short.
Bancroft Fund Stock Performance
Shares of BCV remained flat at $16.83 during trading hours on Wednesday. 24,784 shares of the company were exchanged, compared to its average volume of 22,084. Bancroft Fund has a one year low of $14.91 and a one year 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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