Short Interest in Fortitude Gold Co. (OTCMKTS:FTCO) Decreases By 62.0%

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

Fortitude Gold Price Performance

OTCMKTS FTCO traded down 0.15 during trading hours on Friday, hitting 5.34. The company had a trading volume of 37,800 shares, compared to its average volume of 71,018. Fortitude Gold has a fifty-two week low of 3.61 and a fifty-two week high of 6.50. The business has a fifty day simple moving average of 5.15 and a 200-day simple moving average of 4.83.

Fortitude Gold Announces Dividend

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

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.