First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Short Interest Update

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 284,000 shares, a growth of 269.3% from the December 15th total of 76,900 shares. Based on an average trading volume of 374,000 shares, the short-interest ratio is currently 0.8 days.

First Trust Global Tactical Commodity Strategy Fund Stock Performance

FTGC traded up $0.12 during midday trading on Monday, hitting $24.84. 1,153,309 shares of the company traded hands, compared to its average volume of 587,044. The business has a 50 day simple moving average of $23.73 and a two-hundred day simple moving average of $23.49. First Trust Global Tactical Commodity Strategy Fund has a 52-week low of $22.22 and a 52-week high of $24.98.

First Trust Global Tactical Commodity Strategy Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.1846 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Trading of First Trust Global Tactical Commodity Strategy Fund

A number of institutional investors have recently made changes to their positions in FTGC. US Bancorp DE boosted its stake in First Trust Global Tactical Commodity Strategy Fund by 84.5% during the third quarter. US Bancorp DE now owns 1,118 shares of the company's stock worth $26,000 after buying an additional 512 shares during the last quarter. Brown Brothers Harriman & Co. boosted its position in shares of First Trust Global Tactical Commodity Strategy Fund by 301.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,600 shares of the company's stock valued at $38,000 after acquiring an additional 1,201 shares during the last quarter. Zions Bancorporation N.A. purchased a new stake in shares of First Trust Global Tactical Commodity Strategy Fund in the second quarter valued at about $43,000. Values First Advisors Inc. acquired a new stake in First Trust Global Tactical Commodity Strategy Fund during the third quarter worth about $46,000. Finally, Larson Financial Group LLC raised its stake in First Trust Global Tactical Commodity Strategy Fund by 60.3% during the third quarter. Larson Financial Group LLC now owns 2,652 shares of the company's stock worth $63,000 after purchasing an additional 998 shares during the period.

First Trust Global Tactical Commodity Strategy Fund Company Profile

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.

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