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

Fortitude Gold Co. (OTCMKTS:FTCO) saw a large decline in short interest in 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 presently 0.0 days.

Fortitude Gold Stock Down 1.2 %

Shares of FTCO stock opened at 5.59 on Wednesday. The stock has a 50-day simple moving average of 5.11 and a 200 day simple moving average of 4.82. Fortitude Gold has a fifty-two week low of 3.61 and a fifty-two week high of 6.50.

Fortitude Gold Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Wednesday, November 20th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $0.48 annualized dividend and a dividend yield of 8.59%.

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.