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

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totalling 3,200 shares, a decline of 17.9% from the August 31st total of 3,900 shares. Based on an average trading volume of 15,500 shares, the short-interest ratio is presently 0.2 days.

STF Tactical Growth ETF Stock Down 0.4 %

NASDAQ:TUG opened at $33.45 on Friday. STF Tactical Growth ETF has a twelve month low of $25.51 and a twelve month high of $36.11. The company has a market cap of $190.00 million, a P/E ratio of 35.32 and a beta of -1.09. The business has a 50 day moving average price of $32.56 and a two-hundred day moving average price of $32.63.

STF Tactical Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 26th were given a $0.0261 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.10 dividend on an annualized basis and a yield of 0.31%. This is an increase 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.