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

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 17,500 shares, a growth of 86.2% from the August 31st total of 9,400 shares. Based on an average trading volume of 21,300 shares, the days-to-cover ratio is presently 0.8 days.

STF Tactical Growth & Income ETF Trading Down 0.4 %

Shares of TUGN stock traded down $0.09 on Friday, reaching $23.11. The company’s stock had a trading volume of 8,623 shares, compared to its average volume of 14,251. The stock’s fifty day simple moving average is $22.79 and its 200-day simple moving average is $23.38. STF Tactical Growth & Income ETF has a 1 year low of $20.12 and a 1 year high of $25.46. The company has a market capitalization of $40.90 million, a price-to-earnings ratio of 30.60 and a beta of -0.85.

STF Tactical Growth & Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 26th were given a dividend of $0.233 per share. This represents a $2.80 annualized dividend and a dividend yield of 12.10%. This is a boost from STF Tactical Growth & Income ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Thursday, September 26th.

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.