First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Short Interest Down 40.4% in December

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 54,092 shares, a drop of 40.4% from the November 30th total of 90,830 shares. Based on an average daily trading volume, of 641,960 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 641,960 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of First Trust Global Tactical Commodity Strategy Fund

Hedge funds have recently made changes to their positions in the company. CENTRAL TRUST Co bought a new position in shares of First Trust Global Tactical Commodity Strategy Fund during the 3rd quarter worth $26,000. Crewe Advisors LLC bought a new position in First Trust Global Tactical Commodity Strategy Fund during the second quarter worth about $27,000. Creative Financial Designs Inc. ADV boosted its position in First Trust Global Tactical Commodity Strategy Fund by 1,895.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 1,197 shares of the company’s stock worth $30,000 after purchasing an additional 1,137 shares during the period. Versant Capital Management Inc purchased a new position in shares of First Trust Global Tactical Commodity Strategy Fund in the third quarter worth about $35,000. Finally, Ameriflex Group Inc. bought a new stake in shares of First Trust Global Tactical Commodity Strategy Fund in the third quarter valued at approximately $48,000.

First Trust Global Tactical Commodity Strategy Fund Stock Up 0.6%

FTGC traded up $0.14 during midday trading on Friday, reaching $23.58. The company had a trading volume of 405,643 shares, compared to its average volume of 548,417. First Trust Global Tactical Commodity Strategy Fund has a 12-month low of $22.70 and a 12-month high of $27.57. The business has a 50-day moving average price of $26.12 and a two-hundred day moving average price of $25.68.

First Trust Global Tactical Commodity Strategy Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 16th will be paid a $3.6647 dividend. The ex-dividend date is Tuesday, December 16th. This is a positive change from First Trust Global Tactical Commodity Strategy Fund’s previous quarterly dividend of $0.16. This represents a $14.66 annualized dividend and a yield of 62.2%.

First Trust Global Tactical Commodity Strategy Fund Company Profile

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. FTGC was launched on Oct 23, 2013 and is managed by First Trust.