STF Tactical Growth & Income ETF (NASDAQ:TUGN) Short Interest Up 3,639.5% in June

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 37,619 shares, a growth of 3,639.5% from the June 15th total of 1,006 shares. Currently, 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 27,998 shares, the days-to-cover ratio is currently 1.3 days.

STF Tactical Growth & Income ETF Stock Up 0.4%

Shares of NASDAQ TUGN traded up $0.12 during midday trading on Friday, hitting $28.12. The stock had a trading volume of 18,618 shares, compared to its average volume of 26,506. STF Tactical Growth & Income ETF has a 1-year low of $22.12 and a 1-year high of $29.08. The company has a fifty day moving average price of $27.79 and a 200 day moving average price of $25.79. The company has a market capitalization of $79.58 million, a price-to-earnings ratio of 32.38 and a beta of 0.81.

STF Tactical Growth & Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 25th were issued a dividend of $0.275 per share. The ex-dividend date was Thursday, June 25th.

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.