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

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 295,600 shares, a drop of 75.2% from the January 15th total of 1,190,000 shares. Based on an average trading volume of 490,800 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of First Trust Global Tactical Commodity Strategy Fund

Several hedge funds and other institutional investors have recently modified their holdings of FTGC. Farmers & Merchants Investments Inc. increased its stake in shares of First Trust Global Tactical Commodity Strategy Fund by 1,812.5% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 5,661 shares of the company's stock worth $134,000 after purchasing an additional 5,365 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in First Trust Global Tactical Commodity Strategy Fund by 1,565.1% in the 3rd quarter. International Assets Investment Management LLC now owns 155,503 shares of the company's stock valued at $36,840,000 after purchasing an additional 146,164 shares during the period. Lunt Capital Management Inc. grew its position in First Trust Global Tactical Commodity Strategy Fund by 23.3% during the third quarter. Lunt Capital Management Inc. now owns 16,247 shares of the company's stock worth $385,000 after buying an additional 3,075 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 0.4% during the 3rd quarter. Private Advisor Group LLC now owns 248,394 shares of the company's stock worth $5,884,000 after purchasing an additional 1,095 shares in the last quarter. Finally, Trueblood Wealth Management LLC increased its holdings in First Trust Global Tactical Commodity Strategy Fund by 7.5% in the 3rd quarter. Trueblood Wealth Management LLC now owns 55,250 shares of the company's stock valued at $1,309,000 after buying an additional 3,848 shares during the period.

First Trust Global Tactical Commodity Strategy Fund Stock Down 0.5 %

Shares of FTGC stock traded down $0.12 during midday trading on Friday, reaching $25.53. 257,925 shares of the company were exchanged, compared to its average volume of 573,031. The company's 50 day moving average price is $24.49 and its two-hundred day moving average price is $23.74. First Trust Global Tactical Commodity Strategy Fund has a 12 month low of $22.22 and a 12 month high of $25.80.

First Trust Global Tactical Commodity Strategy Fund Announces Dividend

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

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.