Bancroft Fund Limited (NYSEAMERICAN:BCV) Short Interest Down 24.3% in December

Bancroft Fund Limited (NYSEAMERICAN:BCV) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 1,375 shares, a decrease of 24.3% from the November 30th total of 1,817 shares. Based on an average daily trading volume, of 18,944 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,944 shares, the days-to-cover ratio is currently 0.1 days.

Bancroft Fund Stock Performance

Bancroft Fund stock traded up $0.06 during mid-day trading on Tuesday, hitting $22.13. 13,429 shares of the company were exchanged, compared to its average volume of 16,414. Bancroft Fund has a 12-month low of $15.63 and a 12-month high of $23.88. The business’s 50 day simple moving average is $22.44 and its two-hundred day simple moving average is $21.22.

About Bancroft Fund

Bancroft Fund, Inc (NYSE American: BCV) is a closed-end management investment company that seeks long-term growth of capital. Shares of the Fund trade on the NYSE American exchange, providing investors with access to a diversified portfolio of U.S. equity securities under a closed-end structure. The Fund’s board of directors oversees a disciplined investment process governed by a stated strategy and risk parameters.

The Fund’s primary investment objective is capital appreciation. To pursue this goal, Bancroft Fund allocates at least 80% of its total assets to equity securities of U.S.