STF Tactical Growth & Income ETF (NASDAQ:TUGN) Short Interest Update

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 7,871 shares, a decrease of 71.3% from the April 30th total of 27,450 shares. Based on an average daily volume of 62,536 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are short sold.

STF Tactical Growth & Income ETF Price Performance

Shares of TUGN traded up $0.13 during mid-day trading on Friday, hitting $28.54. 14,512 shares of the company’s stock were exchanged, compared to its average volume of 26,786. The company has a market cap of $85.62 million, a PE ratio of 32.38 and a beta of 0.79. STF Tactical Growth & Income ETF has a 52 week low of $22.12 and a 52 week high of $28.62. The company has a 50-day simple moving average of $25.60 and a 200 day simple moving average of $25.31.

STF Tactical Growth & Income ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, May 22nd. Stockholders of record on Thursday, May 21st were issued a $0.276 dividend. The ex-dividend date of this dividend was Thursday, May 21st.

STF Tactical Growth & Income ETF Company Profile

The STF Tactical Growth & Income ETF (TUGN) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that allocates among equities, fixed income, and money markets, depending on signals derived from a proprietary algo that tracks the price action across asset classes. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.