Fortitude Gold Co. (OTCMKTS:FTCO) Short Interest Up 56.5% in March

Fortitude Gold Co. (OTCMKTS:FTCO) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 3,600 shares, a growth of 56.5% from the February 28th total of 2,300 shares. Based on an average daily volume of 181,600 shares, the days-to-cover ratio is presently 0.0 days.

Fortitude Gold Price Performance

Shares of OTCMKTS FTCO opened at $5.00 on Friday. The business has a 50 day simple moving average of $5.14 and a 200 day simple moving average of $5.18. Fortitude Gold has a 52 week low of $4.15 and a 52 week high of $5.73.

Fortitude Gold Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, March 20th. This represents a $0.48 annualized dividend and a dividend yield of 9.60%.

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.