Bancroft Fund Limited (NYSEAMERICAN:BCV) Short Interest Up 54.5% in August

Get Bancroft Fund alerts:Bancroft Fund Limited (NYSEAMERICAN:BCV - Get Free Report) saw a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 20,700 shares, anincreaseof54.5% from the July 31st total of 13,400 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is presently 1.1 days. Bancroft Fund Trading Down 1.3%Shares of NYSEAMERICAN:BCV traded down $0.27 on Friday, reaching $20.78. 28,325 shares of the company traded hands, compared to its average volume of 19,905. Bancroft Fund has a 52 week low of $15.63 and a 52 week high of $21.20. The business has a 50-day simple moving average of $19.86. About Bancroft Fund (Get Free Report)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.Featured ArticlesFive stocks we like better than Bancroft FundHow to Short a Stock in 5 Easy Steps Union Pacific: Laying the Tracks for America's Industrial RenewalBusiness Services Stocks InvestingTransDigm’s Edge: From Spare Parts to Sky-High ProfitsInsider Trading - What You Need to KnowSpire Global: Tiny Satellites, Big Buy Ratings and UpsideThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Bancroft Fund Right Now?Before you consider Bancroft Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bancroft Fund wasn't on the list.While Bancroft Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here