STF Tactical Growth ETF (NASDAQ:TUG) Stock Short Interest Declines 49.4%

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 480 shares, a drop of 49.4% from the August 31st total of 949 shares. Based on an average trading volume of 756 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are short sold.

STF Tactical Growth ETF Trading Down 1.1%

TUG stock opened at $47.58 on Tuesday. The stock has a 50-day moving average price of $46.30 and a two-hundred day moving average price of $44.43. STF Tactical Growth ETF has a 12-month low of $35.93 and a 12-month high of $48.21. The company has a market cap of $34.73 million, a PE ratio of 28.66 and a beta of 0.80.

About STF Tactical Growth ETF

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.