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

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 50.0% from the October 15th total of 200 shares. Based on an average daily trading volume, of 17,500 shares, the days-to-cover ratio is currently 0.0 days.

STF Tactical Growth ETF Stock Up 0.0 %

Shares of NASDAQ:TUG opened at $35.18 on Wednesday. The firm’s 50-day simple moving average is $33.29 and its 200-day simple moving average is $33.19. The company has a market cap of $199.82 million, a price-to-earnings ratio of 35.32 and a beta of -1.09. STF Tactical Growth ETF has a fifty-two week low of $27.01 and a fifty-two week high of $36.11.

STF Tactical Growth ETF Increases Dividend

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

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.