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

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the target of a large growth in short interest in 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 daily volume of 27,998 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.3% of the company’s shares are sold short.

STF Tactical Growth & Income ETF Price Performance

NASDAQ TUGN traded up $0.12 on Friday, hitting $28.12. 18,618 shares of the company were exchanged, compared to its average volume of 26,506. The company’s 50 day moving average price is $27.79 and its 200-day moving average price is $25.79. The firm has a market capitalization of $80.99 million, a P/E ratio of 32.38 and a beta of 0.81. STF Tactical Growth & Income ETF has a twelve month low of $22.12 and a twelve month high of $29.08.

STF Tactical Growth & Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 25th were given a $0.275 dividend. The ex-dividend date of this dividend 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.