STF Tactical Growth ETF (NASDAQ:TUG) Short Interest Up 258.1% in August

STF Tactical Growth ETF (NASDAQ:TUG) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 949 shares, a growth of 258.1% from the August 15th total of 265 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,017 shares, the days-to-cover ratio is presently 0.9 days.

STF Tactical Growth ETF Trading Up 1.2%

TUG opened at $46.37 on Friday. STF Tactical Growth ETF has a 1-year low of $35.93 and a 1-year high of $47.99. The stock’s fifty day simple moving average is $46.11 and its 200 day simple moving average is $43.77. The stock has a market cap of $33.85 million, a PE ratio of 28.66 and a beta of 0.80.

STF Tactical Growth ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 25th were given a dividend of $0.0007 per share. This represents a $0.00 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, June 25th.

STF Tactical Growth ETF Company Profile

The STF Tactical Growth ETF (TUG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund seeks long-term capital growth by allocating its exposure to US equity and fixed income securities based on proprietary signals. The fund is actively managed TUG was launched on May 19, 2022 and is managed by STF.