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

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

Institutional Investors Weigh In On STF Tactical Growth & Income ETF

A hedge fund recently raised its stake in STF Tactical Growth & Income ETF stock. Q3 Asset Management boosted its holdings in shares of STF Tactical Growth & Income ETF (NASDAQ:TUGN) by 13.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 864,890 shares of the company’s stock after purchasing an additional 103,482 shares during the period. STF Tactical Growth & Income ETF comprises 7.2% of Q3 Asset Management’s portfolio, making the stock its 3rd biggest 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 Stock Up 0.2 %

TUGN stock opened at $23.60 on Thursday. STF Tactical Growth & Income ETF has a twelve month low of $19.89 and a twelve month high of $24.13. The company has a market cap of $43.19 million, a PE ratio of 23.99 and a beta of -0.85. The business’s 50-day simple moving average is $23.56 and its 200 day simple moving average is $22.45.

STF Tactical Growth & Income ETF Dividend Announcement

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

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.