班克罗夫特基金有限公司（纽约证券交易所美国股票代码：BCV）认为空头利率将大幅下降

Bancroft Fund Ltd. (NYSEAMERICAN:BCV – Get Rating) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,600 shares, a drop of 62.8% from the February 28th total of 4,300 shares. Based on an average trading volume of 14,700 shares, the days-to-cover ratio is currently 0.1 days.

Bancroft Fund Stock Up 0.7 %

BCV stock traded up $0.12 during midday trading on Tuesday, reaching $16.67. The company's stock had a trading volume of 9,349 shares, compared to its average volume of 14,487. Bancroft Fund has a 52 week low of $16.01 and a 52 week high of $23.34.

Bancroft Fund Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 24th. Shareholders of record on Friday, March 17th were paid a $0.32 dividend. The ex-dividend date was Thursday, March 16th. This represents a $1.28 dividend on an annualized basis and a yield of 7.68%.

Hedge Funds Weigh In On Bancroft Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. raised its holdings in Bancroft Fund by 1.6% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 40,936 shares of the financial services provider's stock worth $684,000 after purchasing an additional 662 shares during the period. Raymond James & Associates raised its holdings in Bancroft Fund by 2.4% in the fourth quarter. Raymond James & Associates now owns 34,397 shares of the financial services provider's stock worth $563,000 after purchasing an additional 798 shares during the period. Wolverine Asset Management LLC raised its holdings in Bancroft Fund by 4.0% in the fourth quarter. Wolverine Asset Management LLC now owns 38,759 shares of the financial services provider's stock worth $635,000 after purchasing an additional 1,502 shares during the period. Oak Harbor Wealth Partners LLC raised its holdings in Bancroft Fund by 15.2% in the fourth quarter. Oak Harbor Wealth Partners LLC now owns 14,605 shares of the financial services provider's stock worth $239,000 after purchasing an additional 1,926 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in Bancroft Fund by 6.6% in the second quarter. NewEdge Advisors LLC now owns 32,200 shares of the financial services provider's stock worth $582,000 after purchasing an additional 2,000 shares during the period. 17.75% of the stock is owned by institutional investors.

Bancroft Fund Company Profile

(Get Rating)

Bancroft Fund Ltd. (NYSE MKT: BCV) operates as a closed-end, diversified management company and invests primarily in convertible securities with the objectives of providing income and the potential for capital appreciation; which objectives the Fund considers to be relatively equal, over the long-term, due to the nature of the securities in which it invests.

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