Bancroft Fund Limited (NYSEAMERICAN:BCV) Sees Significant Decrease in Short Interest

Bancroft Fund Limited (NYSEAMERICAN:BCV) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 1,904 shares, a decrease of 32.3% from the January 15th total of 2,814 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 15,229 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 15,229 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Bancroft Fund Trading Down 0.6%

Shares of BCV stock opened at $23.39 on Monday. The business’s 50 day simple moving average is $22.95 and its 200 day simple moving average is $22.22. Bancroft Fund has a one year low of $15.63 and a one year high of $24.55.

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.