First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC – Get Free Report) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 640,500 shares, a growth of 166.0% from the February 13th total of 240,800 shares. Based on an average daily volume of 506,000 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.7% of the company’s stock are short sold.
Institutional Trading of First Trust Global Tactical Commodity Strategy Fund
Several hedge funds have recently made changes to their positions in the business. Centaurus Financial Inc. acquired a new stake in shares of First Trust Global Tactical Commodity Strategy Fund during the fourth quarter worth about $330,000. Copia Wealth Management acquired a new stake in First Trust Global Tactical Commodity Strategy Fund in the fourth quarter valued at approximately $235,000. Park Square Financial Group LLC acquired a new stake in First Trust Global Tactical Commodity Strategy Fund in the fourth quarter valued at approximately $927,000. ABLE Financial Group LLC raised its holdings in First Trust Global Tactical Commodity Strategy Fund by 12.0% in the fourth quarter. ABLE Financial Group LLC now owns 201,226 shares of the company’s stock valued at $4,815,000 after acquiring an additional 21,569 shares in the last quarter. Finally, Ameriflex Group Inc. acquired a new stake in First Trust Global Tactical Commodity Strategy Fund in the fourth quarter valued at approximately $50,000.
First Trust Global Tactical Commodity Strategy Fund Stock Up 0.1 %
Shares of FTGC traded up $0.02 during mid-day trading on Friday, hitting $25.12. 493,178 shares of the company’s stock were exchanged, compared to its average volume of 438,762. First Trust Global Tactical Commodity Strategy Fund has a fifty-two week low of $22.22 and a fifty-two week high of $25.97. The stock’s 50-day moving average is $25.04 and its 200-day moving average is $24.06.
First Trust Global Tactical Commodity Strategy Fund Announces Dividend
About First Trust Global Tactical Commodity Strategy Fund
The First Trust Global Tactical Commodity Strategy Fund (FTGC) is an exchange-traded fund that is based on the Benchmark for FTGC Fund index. The fund is an actively managed fund that, through a subsidiary, provides broad exposure to commodities through futures contracts. The fund is structured as a 1940 Act open-ended fund.
See Also
- Five stocks we like better than First Trust Global Tactical Commodity Strategy Fund
- Comparing and Trading High PE Ratio Stocks
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Best Aerospace Stocks Investing
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
- How is Compound Interest Calculated?
- Why Costco Stock Is Poised to Hit $1,000 Again Soon
Receive News & Ratings for First Trust Global Tactical Commodity Strategy Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Global Tactical Commodity Strategy Fund and related companies with MarketBeat.com's FREE daily email newsletter.