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

Fortitude Gold Co. (OTCMKTS:FTCO) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 9,900 shares, a growth of 153.8% from the January 31st total of 3,900 shares. Based on an average trading volume of 74,000 shares, the short-interest ratio is presently 0.1 days.

Fortitude Gold Trading Up 0.4 %

Shares of OTCMKTS:FTCO traded up $0.02 during trading on Friday, reaching $5.02. The stock had a trading volume of 30,999 shares, compared to its average volume of 44,397. The stock has a fifty day simple moving average of $5.22 and a two-hundred day simple moving average of $5.11. Fortitude Gold has a 52 week low of $4.15 and a 52 week high of $5.80.

Fortitude Gold Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a yield of 9.56%. The ex-dividend date of this dividend is Wednesday, February 19th.

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.