Fortitude Gold Co. (OTCMKTS:FTCO) Short Interest Update

Fortitude Gold Co. (OTCMKTS:FTCO) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 3,800 shares, a drop of 62.0% from the October 15th total of 10,000 shares. Based on an average trading volume of 102,700 shares, the short-interest ratio is presently 0.0 days.

Fortitude Gold Trading Down 2.7 %

FTCO traded down 0.15 during trading on Friday, hitting 5.34. 37,800 shares of the stock were exchanged, compared to its average volume of 71,018. Fortitude Gold has a 1 year low of 3.61 and a 1 year high of 6.50. The firm has a 50 day simple moving average of 5.15 and a 200 day simple moving average of 4.83.

Fortitude Gold Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Wednesday, November 20th will be paid a dividend of $0.04 per share. The ex-dividend date is Wednesday, November 20th. This represents a $0.48 annualized dividend and a yield of 8.99%.

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.