Short Interest in Bancroft Fund Limited (NYSEAMERICAN:BCV) Rises By 42.5%

Key Points

• Short interest in Bancroft Fund Limited (NYSEAMERICAN:BCV) rose by 42.5% in August, increasing from 20,700 shares to 29,500 shares.
• Approximately 0.5% of the company's shares are currently short sold, with a days-to-cover ratio of 1.5 days based on an average daily volume of 19,600 shares.
• Bancroft Fund's stock price remained flat at $21.60, with a trading volume of 13,706 shares during the latest trading session.

Bancroft Fund Limited (NYSEAMERICAN:BCV - ) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 29,500 shares, an increase of 42.5% from the August 15th total of 20,700 shares. Approximately 0.5% of the company's shares are short sold. Based on an average daily volume of 19,600 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 19,600 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.5% of the company's shares are short sold.

Bancroft Fund Stock Performance

Shares of BCV stock remained flat at $21.60 during trading hours on Thursday. The stock had a trading volume of 13,706 shares, compared to its average volume of 19,909. The business's fifty day moving average is $20.23. Bancroft Fund has a one year low of $15.63 and a one year high of $21.76.

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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