The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) Short Interest Update

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 10,600 shares, a growth of 12.8% from the September 30th total of 9,400 shares. Based on an average daily trading volume, of 16,700 shares, the days-to-cover ratio is presently 0.6 days.

The Gabelli Global Utility & Income Trust Price Performance

NYSEAMERICAN:GLU traded up $0.12 during trading hours on Thursday, hitting $16.26. The company’s stock had a trading volume of 6,883 shares, compared to its average volume of 13,811. The Gabelli Global Utility & Income Trust has a 52-week low of $11.75 and a 52-week high of $17.18.

About The Gabelli Global Utility & Income Trust

The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc It is managed by Gabelli Funds, LLC. The fund invests in public equity markets across the globe. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.