STF Tactical Growth & Income ETF (NASDAQ:TUGN) Short Interest Up 204.0% in July

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 28,001 shares, a growth of 204.0% from the July 15th total of 9,211 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily volume of 24,037 shares, the short-interest ratio is currently 1.2 days.

STF Tactical Growth & Income ETF Stock Up 1.2%

NASDAQ:TUGN traded up $0.33 during midday trading on Thursday, hitting $28.16. The stock had a trading volume of 18,120 shares, compared to its average volume of 26,246. STF Tactical Growth & Income ETF has a one year low of $22.12 and a one year high of $29.08. The company has a market capitalization of $83.64 million, a price-to-earnings ratio of 32.38 and a beta of 0.82. The stock has a 50-day moving average of $27.62 and a 200 day moving average of $26.09.

STF Tactical Growth & Income ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Thursday, July 23rd were issued a $0.2765 dividend. This represents a c) annualized dividend and a dividend yield of 11.8%. The ex-dividend date was Thursday, July 23rd.

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.