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

Fortitude Gold Co. (OTCMKTS:FTCO) was the recipient of a large growth in short interest in 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 presently 0.1 days.

Fortitude Gold Trading Up 0.4 %

OTCMKTS:FTCO traded up $0.02 during trading hours on Friday, reaching $5.02. The company had a trading volume of 30,999 shares, compared to its average volume of 44,397. The business’s 50-day simple moving average is $5.22 and its two-hundred day simple moving average is $5.12. Fortitude Gold has a twelve month low of $4.15 and a twelve month high of $5.80.

Fortitude Gold Announces Dividend

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

About Fortitude Gold

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.