STF Tactical Growth ETF (NASDAQ:TUG) Short Interest Update

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 200 shares, a drop of 66.7% from the September 30th total of 600 shares. Based on an average daily volume of 15,500 shares, the days-to-cover ratio is currently 0.0 days.

STF Tactical Growth ETF Stock Up 0.9 %

Shares of TUG stock traded up $0.31 during mid-day trading on Friday, reaching $33.76. 3,303 shares of the stock traded hands, compared to its average volume of 20,717. The stock’s fifty day simple moving average is $32.95 and its two-hundred day simple moving average is $32.88. STF Tactical Growth ETF has a 1-year low of $25.51 and a 1-year high of $36.11. The company has a market cap of $191.78 million, a price-to-earnings ratio of 35.32 and a beta of -1.09.

STF Tactical Growth ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.0261 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.10 annualized dividend and a dividend yield of 0.31%. This is an increase from STF Tactical Growth ETF’s previous quarterly dividend of $0.02.

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.