Short Interest in The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) Rises By 110.4%

The Gabelli Global Utility & Income Trust (NYSEAMERICAN:GLU) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 22,300 shares, a growth of 110.4% from the October 15th total of 10,600 shares. Based on an average daily volume of 16,300 shares, the short-interest ratio is presently 1.4 days.

The Gabelli Global Utility & Income Trust Trading Down 0.4 %

GLU traded down $0.07 on Wednesday, reaching $16.16. The company had a trading volume of 17,289 shares, compared to its average volume of 13,855. The Gabelli Global Utility & Income Trust has a fifty-two week low of $11.99 and a fifty-two week high of $17.44.

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.