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

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 7,871 shares, a decline of 71.3% from the April 30th total of 27,450 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 62,536 shares, the short-interest ratio is currently 0.1 days.

STF Tactical Growth & Income ETF Trading Up 1.0%

TUGN opened at $28.41 on Friday. The stock has a market cap of $85.23 million, a PE ratio of 32.38 and a beta of 0.79. STF Tactical Growth & Income ETF has a 1 year low of $22.12 and a 1 year high of $28.42. The stock’s 50 day simple moving average is $25.50 and its 200-day simple moving average is $25.29.

STF Tactical Growth & Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, May 22nd. Stockholders of record on Thursday, May 21st were given a dividend of $0.276 per share. The ex-dividend date was Thursday, May 21st.

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. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.