Fortitude Gold Co. (OTCMKTS:FTCO) Sees Large Growth in Short Interest

Fortitude Gold Co. (OTCMKTS:FTCO) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 10,000 shares, an increase of 44.9% from the September 30th total of 6,900 shares. Based on an average trading volume of 91,600 shares, the days-to-cover ratio is presently 0.1 days.

Fortitude Gold Price Performance

FTCO traded down 0.03 on Tuesday, reaching 5.36. The stock had a trading volume of 29,098 shares, compared to its average volume of 72,119. The firm has a 50-day moving average of 4.88 and a 200-day moving average of 4.77. Fortitude Gold has a fifty-two week low of 3.61 and a fifty-two week high of 6.50.

Fortitude Gold Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, October 21st will be paid a $0.04 dividend. The ex-dividend date is Monday, October 21st. This represents a $0.48 annualized dividend and a dividend yield of 8.96%.

About Fortitude Gold

Fortitude Gold Corporation, together with its subsidiaries, focuses on exploring gold and silver projects in the United States. It holds 100% of its flagship project, Isabella Pearl Mine, which is an open pit-style consisting of 601 unpatented claims that covers approximately 10,434 acres located in Mineral County, Nevada.