Bancroft Fund Ltd. (NYSEAMERICAN:BCV) Sees Significant Increase in Short Interest

Bancroft Fund Ltd. (NYSEAMERICAN:BCV) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 13,600 shares, a growth of 491.3% from the December 31st total of 2,300 shares. Based on an average trading volume of 17,600 shares, the days-to-cover ratio is currently 0.8 days.

Bancroft Fund Stock Up 0.1 %

NYSEAMERICAN BCV opened at $18.25 on Wednesday. Bancroft Fund has a one year low of $14.51 and a one year high of $18.64.

About Bancroft Fund

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.