Fortitude Gold Co. (OTCMKTS:FTCO) Short Interest Up 107.9% in November

Fortitude Gold Co. (OTCMKTS:FTCO) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 7,900 shares, an increase of 107.9% from the October 31st total of 3,800 shares. Based on an average trading volume of 105,400 shares, the short-interest ratio is presently 0.1 days.

Fortitude Gold Stock Performance

OTCMKTS FTCO traded down 0.05 during trading hours on Thursday, reaching 5.20. The company’s stock had a trading volume of 46,300 shares, compared to its average volume of 69,934. The company’s 50-day moving average is 5.34 and its two-hundred day moving average is 4.86. Fortitude Gold has a 1-year low of 3.61 and a 1-year high of 6.50.

Fortitude Gold Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Wednesday, November 20th will be paid a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a dividend yield of 9.24%. The ex-dividend date of this dividend is Wednesday, November 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.