Short Interest in STF Tactical Growth & Income ETF (NASDAQ:TUGN) Decreases By 70.0%

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,006 shares, a drop of 70.0% from the May 31st total of 3,358 shares. Based on an average trading volume of 20,609 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

STF Tactical Growth & Income ETF Stock Up 1.4%

TUGN opened at $27.75 on Monday. The company has a market capitalization of $83.25 million, a price-to-earnings ratio of 32.38 and a beta of 0.82. The firm has a 50-day moving average price of $27.36 and a 200-day moving average price of $25.63. STF Tactical Growth & Income ETF has a twelve month low of $22.12 and a twelve month high of $29.08.

STF Tactical Growth & Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 25th were issued a $0.275 dividend. The ex-dividend date of this dividend 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.