STF Tactical Growth & Income ETF (NASDAQ:TUGN) Sees Large Increase in Short Interest

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 13,400 shares, an increase of 148.1% from the May 31st total of 5,400 shares. Based on an average trading volume of 15,400 shares, the days-to-cover ratio is currently 0.9 days.

STF Tactical Growth & Income ETF Stock Up 0.3 %

STF Tactical Growth & Income ETF stock traded up $0.08 during midday trading on Friday, hitting $24.64. 9,651 shares of the stock were exchanged, compared to its average volume of 13,177. The company has a fifty day simple moving average of $23.49 and a two-hundred day simple moving average of $23.34. STF Tactical Growth & Income ETF has a 52 week low of $20.12 and a 52 week high of $25.24. The stock has a market capitalization of $49.28 million, a PE ratio of 30.60 and a beta of -0.85.

STF Tactical Growth & Income ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Thursday, June 27th will be paid a $0.2477 dividend. This represents a $2.97 dividend on an annualized basis and a yield of 12.06%. The ex-dividend date is Thursday, June 27th.

STF Tactical Growth & Income ETF Company Profile

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.