Short Interest in STF Tactical Growth & Income ETF (NASDAQ:TUGN) Increases By 77.0%

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 49,570 shares, an increase of 77.0% from the July 30th total of 28,001 shares. Based on an average daily volume of 24,001 shares, the short-interest ratio is currently 2.1 days. Currently, 1.7% of the company’s shares are short sold.

STF Tactical Growth & Income ETF Trading Down 0.4%

NASDAQ TUGN opened at $27.32 on Monday. The stock has a fifty day simple moving average of $27.55 and a 200-day simple moving average of $26.30. The stock has a market cap of $81.14 million, a PE ratio of 32.38 and a beta of 0.82. 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 Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Investors of record on Thursday, July 23rd were given a dividend of $0.2765 per share. The ex-dividend date of this dividend was Thursday, July 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 12.1%.

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.