STF Tactical Growth ETF (NASDAQ:TUG) Sees Significant Decline in Short Interest

STF Tactical Growth ETF (NASDAQ:TUG) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 265 shares, a decline of 37.2% from the July 30th total of 422 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,838 shares, the short-interest ratio is currently 0.1 days.

STF Tactical Growth ETF Stock Performance

Shares of NASDAQ TUG opened at $46.53 on Monday. The business has a fifty day simple moving average of $46.10 and a 200 day simple moving average of $43.28. The firm has a market capitalization of $33.97 million, a price-to-earnings ratio of 28.66 and a beta of 0.80. STF Tactical Growth ETF has a one year low of $35.93 and a one year high of $47.99.

STF Tactical Growth ETF Announces Dividend

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

About STF Tactical Growth ETF

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.