In August, Gabelli Utility Trust's short interest increased by 61.3% to 2.5 million shares.
In August, short interest in the Gabelli Utility Trust (NYSE:GUT) rose to 2.5 million shares, a 61.3% increase. Institutional investors have adjusted their holdings, and the stock traded at $5.44 with a trading volume of 288,703 shares. A dividend of $0.05 is set to be paid on December 20th. The fund focuses on utility stocks globally and is managed by Gabelli Funds, LLC. The annualized dividend yield stands at 11.03%.
September 14, 2024
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