First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Sees Large Decrease in Short Interest

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC - Get Free Report) was the recipient of a significant decrease in short interest in August. As of August 15th, there was short interest totaling 7,400 shares, adecreaseof97.1% from the July 31st total of 257,500 shares. Based on an average trading volume of 655,700 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 655,700 shares, the short-interest ratio is currently 0.0 days. Institutional Trading of First Trust Global Tactical Commodity Strategy FundSeveral institutional investors and hedge funds have recently bought and sold shares of the company. Coppell Advisory Solutions LLC lifted its holdings in First Trust Global Tactical Commodity Strategy Fund by 39.1% during the 2nd quarter. Coppell Advisory Solutions LLC now owns 71,685 shares of the company's stock worth $1,768,000 after buying an additional 20,158 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of First Trust Global Tactical Commodity Strategy Fund by 202.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 4,296 shares of the company's stock valued at $106,000 after acquiring an additional 2,876 shares in the last quarter. Captrust Financial Advisors raised its position in shares of First Trust Global Tactical Commodity Strategy Fund by 2.7% during the 2nd quarter. Captrust Financial Advisors now owns 45,095 shares of the company's stock valued at $1,112,000 after acquiring an additional 1,167 shares in the last quarter. Orion Porfolio Solutions LLC lifted its stake in First Trust Global Tactical Commodity Strategy Fund by 36.0% during the second quarter. Orion Porfolio Solutions LLC now owns 133,062 shares of the company's stock worth $3,283,000 after purchasing an additional 35,251 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in First Trust Global Tactical Commodity Strategy Fund by 65.8% in the second quarter. MML Investors Services LLC now owns 104,850 shares of the company's stock worth $2,587,000 after purchasing an additional 41,603 shares during the period.First Trust Global Tactical Commodity Strategy Fund Price PerformanceFTGC stock traded up $0.33 during mid-day trading on Tuesday, hitting $25.85. 405,774 shares of the company were exchanged, compared to its average volume of 594,203. The firm has a fifty day simple moving average of $25.12 and a 200 day simple moving average of $24.91. First Trust Global Tactical Commodity Strategy Fund has a twelve month low of $22.22 and a twelve month high of $26.01. First Trust Global Tactical Commodity Strategy Fund Increases DividendThe company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were paid a $0.1509 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.3%. This is a positive change from First Trust Global Tactical Commodity Strategy Fund's previous quarterly dividend of $0.14. The ex-dividend date was Thursday, June 26th. About First Trust Global Tactical Commodity Strategy Fund (Get Free Report)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.Further ReadingFive stocks we like better than First Trust Global Tactical Commodity Strategy FundThe Basics of Support and ResistanceLoop Industries Insiders Buy Stock, Signal Confidence in OutlookHow to Calculate Options ProfitsJoby Aviation's Pullback: A Gift for Investors Who See the FutureHow to Invest in the Best Canadian Stocks Kohl’s Stock Rebound Faces a Showdown With Short SellersThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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