First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Short Interest Up 269.3% in December

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 284,000 shares, an increase of 269.3% from the December 15th total of 76,900 shares. Based on an average daily volume of 374,000 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On First Trust Global Tactical Commodity Strategy Fund

A number of institutional investors have recently added to or reduced their stakes in FTGC. Choice Wealth Advisors LLC boosted its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 9.6% in the 3rd quarter. Choice Wealth Advisors LLC now owns 292,307 shares of the company’s stock valued at $6,925,000 after buying an additional 25,672 shares in the last quarter. Inspirion Wealth Advisors LLC increased its position in shares of First Trust Global Tactical Commodity Strategy Fund by 2.3% during the third quarter. Inspirion Wealth Advisors LLC now owns 137,877 shares of the company’s stock worth $3,266,000 after purchasing an additional 3,151 shares in the last quarter. Private Client Services LLC purchased a new stake in shares of First Trust Global Tactical Commodity Strategy Fund during the 3rd quarter valued at $212,000. Park National Corp OH acquired a new stake in shares of First Trust Global Tactical Commodity Strategy Fund in the 3rd quarter worth $236,000. Finally, Bridge Advisory LLC grew its stake in First Trust Global Tactical Commodity Strategy Fund by 0.6% during the 3rd quarter. Bridge Advisory LLC now owns 95,496 shares of the company’s stock worth $2,262,000 after buying an additional 527 shares during the last quarter.

First Trust Global Tactical Commodity Strategy Fund Stock Performance

FTGC stock traded up $0.41 during trading on Wednesday, hitting $25.21. 1,030,935 shares of the company’s stock traded hands, compared to its average volume of 640,759. First Trust Global Tactical Commodity Strategy Fund has a 1 year low of $22.22 and a 1 year high of $25.24. The business has a fifty day simple moving average of $23.78 and a two-hundred day simple moving average of $23.50.

First Trust Global Tactical Commodity Strategy Fund Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were given a $0.1846 dividend. The ex-dividend date was Tuesday, December 17th.

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.