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

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

Institutional Trading of First Trust Global Tactical Commodity Strategy Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Financial Enhancement Group LLC increased its holdings in shares of First Trust Global Tactical Commodity Strategy Fund by 3,947.8% during the fourth quarter. Financial Enhancement Group LLC now owns 369,604 shares of the company’s stock worth $9,181,000 after purchasing an additional 360,473 shares during the period. Arvest Investments Inc. raised its holdings in First Trust Global Tactical Commodity Strategy Fund by 456,448.6% in the 3rd quarter. Arvest Investments Inc. now owns 337,846 shares of the company’s stock valued at $8,004,000 after acquiring an additional 337,772 shares in the last quarter. Fortress Wealth Management Inc. bought a new stake in shares of First Trust Global Tactical Commodity Strategy Fund during the 4th quarter valued at $7,191,000. Strategic Financial Concepts LLC lifted its position in shares of 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 valued at $5,576,000 after acquiring an additional 224,175 shares during the period. Finally, Prospera Financial Services Inc increased its position in shares of First Trust Global Tactical Commodity Strategy Fund by 226.8% in the third quarter. Prospera Financial Services Inc now owns 287,825 shares of the company’s stock worth $6,819,000 after purchasing an additional 199,747 shares during the period.

First Trust Global Tactical Commodity Strategy Fund Stock Performance

FTGC traded up $0.10 during trading on Thursday, hitting $24.94. The stock had a trading volume of 90,932 shares, compared to its average volume of 594,570. The company has a 50 day moving average price of $24.10 and a 200-day moving average price of $23.57. 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 Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th were paid 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.