Gamco Investors Inc (NYSE:GBL) Shorted Shares Increased 7.81% After Market Selling

GAMCO Investors, Inc. (NYSE:GBL) Logo

Investors sentiment decreased to 1.45 in Q1 2019. Its down 1.05, from 2.5 in 2018Q4. It fall, as 6 investors sold GAMCO Investors, Inc. shares while 14 reduced holdings. 16 funds opened positions while 13 raised stakes. 6.45 million shares or 5.28% less from 6.81 million shares in 2018Q4 were reported.
Connor Clark And Lunn Inv Mngmt holds 0% or 9,800 shares. Dimensional Fund Advisors L P reported 416,420 shares. Css Ltd Com Il, a Illinois-based fund reported 13,917 shares. 900 were reported by Canada Pension Plan Invest Board. Renaissance Technology Ltd Liability stated it has 23,800 shares or 0% of all its holdings. Alliancebernstein L P owns 20,585 shares. Deutsche Bancorporation Ag stated it has 13,999 shares. Martingale Asset Mgmt Lp has 0.01% invested in GAMCO Investors, Inc. (NYSE:GBL). Us Bancorp De holds 0% or 7,000 shares. Ameritas Inv Ptnrs has invested 0% in GAMCO Investors, Inc. (NYSE:GBL). Denali Ltd Llc has invested 0% of its portfolio in GAMCO Investors, Inc. (NYSE:GBL). Citigroup accumulated 0% or 1,198 shares. The Massachusetts-based Panagora Asset Management has invested 0.01% in GAMCO Investors, Inc. (NYSE:GBL). Greenwich Wealth Limited Liability Com invested in 0.58% or 160,093 shares. 16,503 were reported by Gamco Investors Et Al.

The stock of Gamco Investors Inc (NYSE:GBL) registered an increase of 7.81% in short interest. GBL’s total short interest was 223,500 shares in August as published by FINRA. Its up 7.81% from 207,300 shares, reported previously. With 21,100 shares average volume, it will take short sellers 11 days to cover their GBL’s short positions. The short interest to Gamco Investors Inc’s float is 2.68%.

The stock decreased 0.57% or $0.1 during the last trading session, reaching $17.5. About 8,683 shares traded. GAMCO Investors, Inc. (NYSE:GBL) has declined 17.38% since August 16, 2018 and is downtrending. It has underperformed by 17.38% the S&P500.

GAMCO Investors, Inc. is a publicly owned holding investment manager. The company has market cap of $481.95 million. The firm also provides wealth management, investment advisory, institutional research, brokerage, dealer, underwriting, and distribution services to its clients. It has a 4.85 P/E ratio. It provides its services to individuals including high net worth individuals, corporate pension and profit-sharing plans, foundations, endowments, jointly trust plans, municipalities, and investment companies.

More notable recent GAMCO Investors, Inc. (NYSE:GBL) news were published by: Businesswire.com which released: “GAMCO Investors, Inc. Reports Second Quarter 2019 Earnings – Business Wire” on August 06, 2019, also Businesswire.com with their article: “Carl L. Kempner, Jr. & Melody Bryant to Join GAMCO Investors – Business Wire” published on August 27, 2018, Businesswire.com published: “GAMCO Expects to Report Third Quarter Earnings of $1.18 to $1.22 Per Fully Diluted Share versus $0.55 Per Fully Diluted Share a Year Ago – Business Wire” on October 15, 2018. More interesting news about GAMCO Investors, Inc. (NYSE:GBL) were released by: Seekingalpha.com and their article: “Late Billionaire’s Groupe Bruxelles Lambert SA Trades At A Considerable Discount – Seeking Alpha” published on December 10, 2018 as well as Businesswire.com‘s news article titled: “Associated Capital Group Exploring Exchange Offer for GAMCO Shares; GAMCO PIK Note Extinguished – Business Wire” with publication date: August 28, 2018.

GAMCO Investors, Inc. (NYSE:GBL) Institutional Positions Chart

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