The Gabelli Healthcare & Wellness Trust (NYSE:GRX) Sees Large Growth in Short Interest

() saw a notable increase in short interest for the month of the April. On April 30, there were 8,900 shorted shares. This is a 323.8% increase from April 15th's total of 2,100. The short-interest rate is 0.3 days based on a daily average trading volume of 30,300 shares.

Institutional investors weigh in on the Gabelli Healthcare & Wellness Trust

Recently, several hedge funds changed their holdings in the company. Captrust Financial Advisors purchased a new position of The Gabelli Healthcare & Wellness Trust worth $27,000 in the second quarter. Private Advisor Group LLC purchased a new stake of shares in The Gabelli Healthcare & Wellness Trust valued at $107,000 in the first quarterly. In the first quarter, a new stake of $130,000 was acquired in The Gabelli Healthcare & Wellness Trust. The price of the stock rose $0.03 on Wednesday during trading hours, to $10.08. The company exchanged 22,575 shares, as opposed to the average volume of 37.731. The stock's 50-day moving median is $10.05, and its 200-day moving medium is $10.17. The Gabelli Healthcare & Wellness Trust's 12-month low is $9.40, and its 12-month high is $12.27.

The Gabelli Healthcare & Wellness Trust Announces a Dividend

A quarterly dividend was also announced by the business and paid out on Friday, 24th March. Dividends were paid to shareholders who had shares in their records on March 17th. The dividend was paid on Thursday, 16th March. This is a $0.60 annualized dividend and yields 5.95%.

The Gabelli Healthcare & Wellness Trust Company profile

Get Rating

Gabelli Healthcare and Wellness Trust, a closed-ended equity fund, was launched by GAMCO Investors, Inc. The fund is managed Gabelli Funds, LLC. The fund invests in public equity markets around the world. The fund invests in companies that are primarily in the health and wellness sector. offers a FREE daily email newsletter