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Bancroft Fund (NYSEAMERICAN:BCV) Stock Price Passes Above 50-Day Moving Average - Here's Why

Bancroft Fund logo with Finance background

Key Points

  • The Bancroft Fund (NYSEAMERICAN:BCV) has crossed above its 50-day moving average of $19.43, reaching a high of $20.56 during trading.
  • Bancroft Fund Ltd. is a closed-ended equity mutual fund managed by Gabelli Funds, LLC, primarily investing in convertible securities across various market capitalizations.
  • As of the latest trading session, Bancroft Fund shares were last recorded at $20.54 with a volume of 23,914 shares exchanged.
  • Five stocks to consider instead of Bancroft Fund.

Bancroft Fund Limited (NYSEAMERICAN:BCV - Get Free Report)'s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $19.43 and traded as high as $20.56. Bancroft Fund shares last traded at $20.54, with a volume of 23,914 shares trading hands.

Bancroft Fund Price Performance

The business's 50 day moving average price is $19.63.

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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