STF Tactical Growth & Income ETF (NASDAQ:TUGN) Short Interest Update

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 800 shares, a decrease of 88.2% from the February 29th total of 6,800 shares. Based on an average daily volume of 10,300 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in STF Tactical Growth & Income ETF stock. Q3 Asset Management grew its holdings in shares of STF Tactical Growth & Income ETF (NASDAQ:TUGN) by 13.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 864,890 shares of the company’s stock after buying an additional 103,482 shares during the period. STF Tactical Growth & Income ETF accounts for about 7.2% of Q3 Asset Management’s holdings, making the stock its 3rd largest holding. Q3 Asset Management owned about 49.42% of STF Tactical Growth & Income ETF worth $18,283,000 as of its most recent SEC filing.

STF Tactical Growth & Income ETF Price Performance

Shares of STF Tactical Growth & Income ETF stock opened at $23.60 on Thursday. STF Tactical Growth & Income ETF has a 12 month low of $19.89 and a 12 month high of $24.13. The stock has a market capitalization of $43.19 million, a P/E ratio of 23.99 and a beta of -0.85. The business has a 50 day simple moving average of $23.56 and a two-hundred day simple moving average of $22.45.

STF Tactical Growth & Income ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, March 22nd. Stockholders of record on Thursday, March 21st were paid a $0.2346 dividend. The ex-dividend date was Wednesday, March 20th. This represents a $2.82 dividend on an annualized basis and a dividend yield of 11.93%.

About STF Tactical Growth & Income ETF

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.