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

STF Tactical Growth ETF (NASDAQ:TUG) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 225 shares, an increase of 603.1% from the May 14th total of 32 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,819 shares, the days-to-cover ratio is presently 0.1 days.

STF Tactical Growth ETF Stock Performance

Shares of TUG remained flat at $45.41 during mid-day trading on Wednesday. 2,179 shares of the stock traded hands, compared to its average volume of 6,216. The company has a market capitalization of $44.50 million, a P/E ratio of 28.66 and a beta of 0.79. STF Tactical Growth ETF has a 1-year low of $34.41 and a 1-year high of $47.99. The company has a fifty day moving average of $43.12 and a 200-day moving average of $40.80.

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.