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

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

STF Tactical Growth & Income ETF Stock Up 0.1%

Shares of NASDAQ TUGN traded up $0.03 during trading on Tuesday, reaching $27.36. The company had a trading volume of 16,230 shares, compared to its average volume of 26,977. The stock has a market cap of $81.24 million, a P/E ratio of 32.38 and a beta of 0.82. The company’s fifty day moving average price is $27.53 and its 200-day moving average price is $26.32. STF Tactical Growth & Income ETF has a 12 month low of $22.12 and a 12 month high of $29.08.

STF Tactical Growth & Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, July 24th. Shareholders 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 yield of 12.1%.

About STF Tactical Growth & Income ETF

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.