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

STF Tactical Growth ETF (NASDAQ:TUG) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 422 shares, an increase of 79.6% from the July 15th total of 235 shares. Based on an average trading volume of 2,362 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

STF Tactical Growth ETF Stock Down 0.1%

Shares of NASDAQ:TUG opened at $47.40 on Friday. STF Tactical Growth ETF has a fifty-two week low of $35.93 and a fifty-two week high of $47.99. The company’s 50-day moving average price is $46.09 and its 200 day moving average price is $42.80. The company has a market cap of $34.60 million, a PE ratio of 28.66 and a beta of 0.80.

STF Tactical Growth ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.0007 per share. This represents a $0.00 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, June 25th.

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.