STF Tactical Growth & Income ETF (NASDAQ:TUGN) Sees Large Growth in Short Interest

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 trading volume of 27,998 shares, the short-interest ratio is presently 1.3 days. Approximately 1.3% of the shares of the stock are sold short.

STF Tactical Growth & Income ETF Trading Up 0.4%

Shares of NASDAQ TUGN traded up $0.12 during mid-day trading on Friday, reaching $28.12. The company had a trading volume of 18,618 shares, compared to its average volume of 26,506. The stock has a market cap of $80.99 million, a PE ratio of 32.38 and a beta of 0.81. The company has a 50-day moving average price of $27.79 and a two-hundred day moving average price of $25.79. STF Tactical Growth & Income ETF has a 1-year low of $22.12 and a 1-year high of $29.08.

STF Tactical Growth & Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 25th were given a $0.275 dividend. The ex-dividend date was Thursday, June 25th.

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.