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

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Financial Enhancement Group LLC lifted its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 3,947.8% during the 4th quarter. Financial Enhancement Group LLC now owns 369,604 shares of the company’s stock valued at $9,181,000 after purchasing an additional 360,473 shares during the last quarter. Arvest Investments Inc. lifted its position in First Trust Global Tactical Commodity Strategy Fund by 456,448.6% during the third quarter. Arvest Investments Inc. now owns 337,846 shares of the company’s stock valued at $8,004,000 after purchasing an additional 337,772 shares during the period. Fortress Wealth Management Inc. purchased a new stake in First Trust Global Tactical Commodity Strategy Fund in the fourth quarter valued at $7,191,000. Strategic Financial Concepts LLC grew its position in First Trust Global Tactical Commodity Strategy Fund by 2,537.1% during the 4th quarter. Strategic Financial Concepts LLC now owns 233,011 shares of the company’s stock worth $5,576,000 after purchasing an additional 224,175 shares during the period. Finally, Prospera Financial Services Inc lifted its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 226.8% in the 3rd quarter. Prospera Financial Services Inc now owns 287,825 shares of the company’s stock valued at $6,819,000 after buying an additional 199,747 shares during the period.

First Trust Global Tactical Commodity Strategy Fund Stock Performance

Shares of First Trust Global Tactical Commodity Strategy Fund stock traded up $0.09 during trading hours on Tuesday, reaching $24.73. The company’s stock had a trading volume of 1,228,242 shares, compared to its average volume of 631,520. The firm has a 50 day moving average price of $24.08 and a 200-day moving average price of $23.56. First Trust Global Tactical Commodity Strategy Fund has a one year low of $22.22 and a one year high of $25.24.

First Trust Global Tactical Commodity Strategy Fund Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were issued a $0.1846 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.