Fortitude Gold Co. (OTCMKTS:FTCO) Short Interest Down 62.0% in October

Fortitude Gold Co. (OTCMKTS:FTCO) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 3,800 shares, a decrease 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 Stock Down 2.7 %

Shares of Fortitude Gold stock traded down 0.15 during midday trading on Friday, reaching 5.34. 37,800 shares of the company’s stock traded hands, compared to its average volume of 71,018. Fortitude Gold has a 52 week low of 3.61 and a 52 week high of 6.50. The company’s 50 day simple moving average is 5.15 and its 200 day simple moving average is 4.83.

Fortitude Gold Announces Dividend

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

Fortitude Gold Company Profile

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.