Bancroft Fund Ltd. (NYSEAMERICAN:BCV - Get Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 5,300 shares, a decline of 30.3% from the April 30th total of 7,600 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 23,100 shares, the days-to-cover ratio is presently 0.2 days.
Bancroft Fund Stock Performance
Shares of Bancroft Fund stock traded up $0.23 during trading on Tuesday, hitting $18.22. The stock had a trading volume of 11,102 shares, compared to its average volume of 19,916. Bancroft Fund has a 12 month low of $15.20 and a 12 month high of $18.77. The company's 50-day moving average price is $17.09.
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.
Further Reading
Before you consider Bancroft Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bancroft Fund wasn't on the list.
While Bancroft Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
