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Bancroft Fund (NYSEAMERICAN:BCV) Shares Pass Above Fifty Day Moving Average - Here's What Happened

Bancroft Fund logo with Financial Services background

Bancroft Fund Ltd. (NYSEAMERICAN:BCV - Get Free Report)'s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $17.12 and traded as high as $18.44. Bancroft Fund shares last traded at $18.21, with a volume of 12,405 shares.

Bancroft Fund Price Performance

The stock's 50-day simple moving average is $17.17.

Bancroft Fund Company Profile

(Get Free Report)

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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