Short Interest in Fortitude Gold Co. (OTCMKTS:FTCO) Increases By 56.5%

Fortitude Gold Co. (OTCMKTS:FTCO) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,600 shares, an increase of 56.5% from the February 28th total of 2,300 shares. Based on an average daily trading volume, of 181,600 shares, the short-interest ratio is currently 0.0 days.

Fortitude Gold Stock Performance

OTCMKTS:FTCO opened at $5.00 on Friday. Fortitude Gold has a twelve month low of $4.15 and a twelve month high of $5.73. The firm’s fifty day simple moving average is $5.14 and its 200 day simple moving average is $5.18.

Fortitude Gold Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 20th will be issued a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a yield of 9.60%. The ex-dividend date is Thursday, March 20th.

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.