First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) Short Interest Up 269.3% in December

First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 284,000 shares, an increase of 269.3% from the December 15th total of 76,900 shares. Based on an average daily volume of 374,000 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On First Trust Global Tactical Commodity Strategy Fund

Hedge funds have recently modified their holdings of the stock. US Bancorp DE grew its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 84.5% in the 3rd quarter. US Bancorp DE now owns 1,118 shares of the company’s stock worth $26,000 after purchasing an additional 512 shares during the last quarter. Bridge Advisory LLC increased its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 0.6% during the third quarter. Bridge Advisory LLC now owns 95,496 shares of the company’s stock worth $2,262,000 after buying an additional 527 shares in the last quarter. Private Client Services LLC raised its stake in shares of 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 acquiring an additional 587 shares during the last quarter. Aspect Partners LLC raised its stake in shares of First Trust Global Tactical Commodity Strategy Fund by 1.9% in the third quarter. Aspect Partners LLC now owns 33,452 shares of the company’s stock valued at $792,000 after acquiring an additional 624 shares during the last quarter. Finally, Clarus Wealth Advisors grew its position in First Trust Global Tactical Commodity Strategy Fund by 4.7% during the 3rd quarter. Clarus Wealth Advisors now owns 20,948 shares of the company’s stock worth $508,000 after acquiring an additional 948 shares during the last quarter.

First Trust Global Tactical Commodity Strategy Fund Price Performance

Shares of NASDAQ:FTGC traded down $0.04 during midday trading on Tuesday, reaching $24.80. 626,736 shares of the company’s stock were exchanged, compared to its average volume of 592,005. The company’s 50 day simple moving average is $23.75 and its two-hundred day simple moving average is $23.50. First Trust Global Tactical Commodity Strategy Fund has a 12 month low of $22.22 and a 12 month high of $24.98.

First Trust Global Tactical Commodity Strategy Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.1846 per share. The ex-dividend date was Tuesday, December 17th.

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.