Short interest in Gabelli Utility Trust (NYSE:GUT) decreased during the last reporting period, falling from 4.24M to 590.01K. This put 0.79% of the company's publicly available shares short.
Short interest for Gabelli Utility gives investors a sense of the degree to which investors are betting on the decline of Gabelli Utility's stock. Short interest data is updated every two weeks.
Based on the recent average volume of 285.20K shares traded per day, it would take 2.07 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.
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