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

Bancroft Fund Ltd. (NYSEAMERICAN:BCV) saw a large growth in short interest in 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 company’s stock are short sold. Based on an average trading volume of 16,900 shares, the days-to-cover ratio is currently 1.1 days.

Bancroft Fund Trading Up 0.5 %

BCV stock traded up $0.09 during midday trading on Wednesday, hitting $17.65. The company’s stock had a trading volume of 19,907 shares, compared to its average volume of 16,755. Bancroft Fund has a twelve month low of $14.51 and a twelve month 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.