First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Sees Significant Decrease in Short Interest
First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) experienced a significant decrease in short interest, dropping 36.8% to 79,700 shares as of October 15th. This represents 0.1% of the company's shares sold short, with a days-to-cover ratio of 0.2 days based on an average trading volume of 516,800 shares. The fund also recently increased its quarterly dividend to $0.1641, yielding 2.5%. FTGC shares traded at $26.52, with a one-year range of $22.92 to $26.74.
Market Beat·