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

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a large growth in short interest during 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. Based on an average daily volume of 27,998 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.3% of the company’s stock are sold short.

STF Tactical Growth & Income ETF Trading Up 0.4%

NASDAQ TUGN traded up $0.12 during trading hours on Friday, reaching $28.12. 18,618 shares of the company traded hands, compared to its average volume of 26,506. The stock has a market capitalization of $79.58 million, a PE ratio of 32.38 and a beta of 0.81. The company has a 50 day moving average of $27.79 and a two-hundred day moving average of $25.79. STF Tactical Growth & Income ETF has a 12 month low of $22.12 and a 12 month high of $29.08.

STF Tactical Growth & Income ETF Cuts Dividend

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

About STF Tactical Growth & Income ETF

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.