Fortitude Gold Co. (OTCMKTS:FTCO – Get Free Report) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 7,900 shares, a growth of 107.9% from the October 31st total of 3,800 shares. Based on an average daily trading volume, of 105,400 shares, the days-to-cover ratio is presently 0.1 days.
Fortitude Gold Price Performance
Shares of FTCO traded up 0.07 during trading hours on Friday, hitting 5.27. The company had a trading volume of 14,300 shares, compared to its average volume of 69,694. Fortitude Gold has a 52-week low of 3.61 and a 52-week high of 6.50. The firm has a fifty day moving average price of 5.34 and a 200-day moving average price of 4.87.
Fortitude Gold Dividend Announcement
The company also recently declared a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 20th were issued a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 9.11%. The ex-dividend date was Wednesday, November 20th.
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.
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