Short Interest in Bancroft Fund Ltd. (NYSEAMERICAN:BCV) Increases By 392.1%

Bancroft Fund Ltd. (NYSEAMERICAN:BCV) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 18,700 shares, a growth of 392.1% from the February 13th total of 3,800 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 16,900 shares, the days-to-cover ratio is currently 1.1 days.

Bancroft Fund Stock Performance

NYSEAMERICAN BCV traded down $0.02 during trading on Friday, reaching $17.60. The company’s stock had a trading volume of 828 shares, compared to its average volume of 16,396. Bancroft Fund has a one year low of $14.51 and a one year high of $18.77.

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.