First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Short Interest Down 67.3% in March

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 209,200 shares, a decrease of 67.3% from the February 28th total of 640,500 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 522,800 shares, the days-to-cover ratio is presently 0.4 days.

First Trust Global Tactical Commodity Strategy Fund Stock Down 0.1 %

NASDAQ:FTGC opened at $25.43 on Thursday. The business’s 50-day moving average price is $25.18 and its two-hundred day moving average price is $24.21. First Trust Global Tactical Commodity Strategy Fund has a twelve month low of $22.22 and a twelve month high of $25.97.

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

Several hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC lifted its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 60.3% during the 3rd quarter. Larson Financial Group LLC now owns 2,652 shares of the company’s stock worth $63,000 after acquiring an additional 998 shares during the last quarter. Brown Brothers Harriman & Co. grew its stake in shares of First Trust Global Tactical Commodity Strategy Fund by 301.0% during the third quarter. Brown Brothers Harriman & Co. now owns 1,600 shares of the company’s stock valued at $38,000 after buying an additional 1,201 shares during the last quarter. CreativeOne Wealth LLC bought a new stake in First Trust Global Tactical Commodity Strategy Fund in the third quarter valued at approximately $455,000. Benjamin Edwards Inc. grew its stake in shares of First Trust Global Tactical Commodity Strategy Fund by 350.9% in the third quarter. Benjamin Edwards Inc. now owns 31,779 shares of the company’s stock worth $753,000 after purchasing an additional 24,731 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in First Trust Global Tactical Commodity Strategy Fund during the 3rd quarter valued at approximately $1,955,000.

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.