STF Tactical Growth & Income ETF (NASDAQ:TUGN) Short Interest Update

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 9,211 shares, a decrease of 75.5% from the June 30th total of 37,619 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 27,851 shares, the days-to-cover ratio is presently 0.3 days.

STF Tactical Growth & Income ETF Stock Down 0.1%

Shares of TUGN stock traded down $0.02 during trading hours on Monday, hitting $26.51. 31,396 shares of the company’s stock traded hands, compared to its average volume of 26,714. The stock’s fifty day simple moving average is $27.85 and its two-hundred day simple moving average is $25.93. STF Tactical Growth & Income ETF has a 12-month low of $22.12 and a 12-month high of $29.08. The stock has a market cap of $77.41 million, a price-to-earnings ratio of 32.38 and a beta of 0.81.

STF Tactical Growth & Income ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Thursday, July 23rd were issued a dividend of $0.2765 per share. The ex-dividend date was Thursday, July 23rd. This represents a c) annualized dividend and a dividend yield of 12.5%.

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.