Short Interest in Bancroft Fund Limited (NYSEAMERICAN:BCV) Drops By 34.9%

Bancroft Fund Limited (NYSEAMERICAN:BCV - Get Free Report) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 19,200 shares, a decline of 34.9% from the August 31st total of 29,500 shares. Based on an average trading volume of 25,700 shares, the short-interest ratio is presently 0.7 days. Based on an average trading volume of 25,700 shares, the short-interest ratio is presently 0.7 days.Get Bancroft Fund alerts:Bancroft Fund Stock Up 0.8%Shares of NYSEAMERICAN BCV traded up $0.18 during trading on Monday, hitting $22.51. 41,131 shares of the company were exchanged, compared to its average volume of 22,184. Bancroft Fund has a 12-month low of $15.63 and a 12-month high of $22.56. The company has a fifty day moving average price of $20.82 and a 200-day moving average price of $18.91. 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.Recommended StoriesFive stocks we like better than Bancroft FundWhat is the Hang Seng index? 3 Exceptional Stocks to Build Long-Term WealthHow to Use the MarketBeat Dividend CalculatorInsider Sales Jump at Broadcom and CoreWeave: Red Flag Ahead?The Most Important Warren Buffett Stock for Investors: His OwnMarvell Insiders Buy Shares—Should Investors Follow Suit?This 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