First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Short Interest Update

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 240,800 shares, a decline of 18.5% from the January 31st total of 295,600 shares. Based on an average daily trading volume, of 480,700 shares, the short-interest ratio is presently 0.5 days.

First Trust Global Tactical Commodity Strategy Fund Stock Down 0.2 %

Shares of FTGC stock opened at $24.76 on Tuesday. The firm’s 50-day moving average is $24.81 and its two-hundred day moving average is $23.93. First Trust Global Tactical Commodity Strategy Fund has a 12 month low of $22.22 and a 12 month high of $25.97.

First Trust Global Tactical Commodity Strategy Fund Announces Dividend

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

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Oarsman Capital Inc. increased its position in shares of First Trust Global Tactical Commodity Strategy Fund by 1.9% during the 4th quarter. Oarsman Capital Inc. now owns 23,923 shares of the company’s stock worth $572,000 after purchasing an additional 448 shares during the last quarter. Focus Financial Network Inc. boosted its position in shares of First Trust Global Tactical Commodity Strategy Fund by 1.9% during the 4th quarter. Focus Financial Network Inc. now owns 25,158 shares of the company’s stock worth $602,000 after purchasing an additional 471 shares during the period. Focus Partners Advisor Solutions LLC increased its holdings in First Trust Global Tactical Commodity Strategy Fund by 4.4% in the 4th quarter. Focus Partners Advisor Solutions LLC now owns 11,503 shares of the company’s stock valued at $275,000 after purchasing an additional 488 shares during the last quarter. US Bancorp DE raised its position in First Trust Global Tactical Commodity Strategy Fund by 84.5% in the third quarter. US Bancorp DE now owns 1,118 shares of the company’s stock valued at $26,000 after purchasing an additional 512 shares during the period. Finally, Private Client Services LLC raised its position in First Trust Global Tactical Commodity Strategy Fund by 6.6% in the fourth quarter. Private Client Services LLC now owns 9,535 shares of the company’s stock valued at $228,000 after purchasing an additional 587 shares during the period.

About First Trust Global Tactical Commodity Strategy Fund

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.