STF Tactical Growth ETF (NASDAQ:TUG) Sees Large Drop in Short Interest

STF Tactical Growth ETF (NASDAQ:TUG) saw a significant decline in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decline of 50.0% from the October 15th total of 200 shares. Based on an average daily volume of 17,500 shares, the days-to-cover ratio is presently 0.0 days.

STF Tactical Growth ETF Stock Up 0.0 %

Shares of TUG opened at $35.18 on Wednesday. The business’s 50-day moving average price is $33.29 and its 200-day moving average price is $33.19. STF Tactical Growth ETF has a twelve month low of $27.01 and a twelve month high of $36.11. The stock has a market cap of $199.82 million, a PE ratio of 35.32 and a beta of -1.09.

STF Tactical Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 26th were issued a $0.0261 dividend. This represents a $0.10 annualized dividend and a yield of 0.30%. This is an increase from STF Tactical Growth ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, September 26th.

STF Tactical Growth ETF Company Profile

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.