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

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 400 shares, an increase of 300.0% from the October 31st total of 100 shares. Based on an average daily trading volume, of 15,500 shares, the short-interest ratio is currently 0.0 days.

STF Tactical Growth ETF Stock Performance

Shares of STF Tactical Growth ETF stock traded up $0.32 on Friday, reaching $34.92. The company had a trading volume of 6,667 shares, compared to its average volume of 20,399. The firm’s 50 day moving average price is $34.01 and its two-hundred day moving average price is $33.50. STF Tactical Growth ETF has a 52-week low of $27.52 and a 52-week high of $36.11. The firm has a market cap of $198.35 million, a PE ratio of 35.32 and a beta of -1.09.

STF Tactical Growth ETF Increases Dividend

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

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.