Short Interest in Royce Global Value Trust, Inc. (NYSE:RGT) Declines By 54.0%

Royce Global Value Trust, Inc. (NYSE:RGT) was the recipient of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 5,382 shares, a decrease of 54.0% from the February 12th total of 11,700 shares. Based on an average trading volume of 18,998 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 18,998 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Royce Global Value Trust

Large investors have recently bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new stake in shares of Royce Global Value Trust in the third quarter valued at $27,000. Commonwealth Equity Services LLC grew its stake in shares of Royce Global Value Trust by 6.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 11,828 shares of the company’s stock worth $155,000 after acquiring an additional 745 shares during the period. Wells Fargo & Company MN grew its stake in shares of Royce Global Value Trust by 12.9% during the 4th quarter. Wells Fargo & Company MN now owns 14,126 shares of the company’s stock worth $185,000 after acquiring an additional 1,617 shares during the period. D.A. Davidson & CO. increased its holdings in Royce Global Value Trust by 4.5% in the 3rd quarter. D.A. Davidson & CO. now owns 22,753 shares of the company’s stock worth $295,000 after acquiring an additional 970 shares during the last quarter. Finally, Rothschild Investment LLC increased its holdings in Royce Global Value Trust by 2.4% in the 2nd quarter. Rothschild Investment LLC now owns 36,577 shares of the company’s stock worth $440,000 after acquiring an additional 847 shares during the last quarter.

Royce Global Value Trust Trading Down 0.9%

Shares of RGT stock traded down $0.13 during trading hours on Friday, hitting $13.71. 25,879 shares of the company were exchanged, compared to its average volume of 30,730. The firm has a fifty day simple moving average of $14.05 and a 200 day simple moving average of $13.24. Royce Global Value Trust has a 52-week low of $9.00 and a 52-week high of $14.99.

About Royce Global Value Trust

Royce Global Value Trust, Inc is a closed-end management investment company that trades on the New York Stock Exchange under the ticker symbol RGT. Incorporated in Maryland and based in New York, the Trust seeks to provide total return through a combination of capital appreciation and current income. It achieves its objective by investing in a diversified portfolio of equity securities of domestic and foreign companies, with a focus on undervalued, out-of-favor businesses that management believes offer attractive long-term growth potential.

The Trust’s investment strategy emphasizes bottom-up stock selection, targeting primarily small- and mid-capitalization companies across developed and emerging markets.