Short Interest in Fortitude Gold Co. (OTCMKTS:FTCO) Rises By 153.8%

Fortitude Gold Co. (OTCMKTS:FTCO) saw a large growth in short interest in the month of 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 daily trading volume, of 74,000 shares, the short-interest ratio is currently 0.1 days.

Fortitude Gold Trading Up 0.4 %

Shares of FTCO traded up $0.02 during trading hours on Friday, hitting $5.02. 30,999 shares of the stock traded hands, compared to its average volume of 44,397. The business has a fifty day moving average of $5.22 and a 200-day moving average of $5.12. Fortitude Gold has a 1-year low of $4.15 and a 1-year high of $5.80.

Fortitude Gold Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were paid a $0.04 dividend. This represents a $0.48 annualized dividend and a dividend yield of 9.56%. The ex-dividend date of this dividend was Wednesday, February 19th.

Fortitude Gold Company Profile

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.