STF Tactical Growth & Income ETF (NASDAQ:TUGN) Short Interest Up 353.7% in November

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 43,100 shares, an increase of 353.7% from the October 31st total of 9,500 shares. Based on an average trading volume of 9,900 shares, the days-to-cover ratio is currently 4.4 days.

STF Tactical Growth & Income ETF Price Performance

Shares of STF Tactical Growth & Income ETF stock traded down $0.25 during midday trading on Wednesday, reaching $23.70. The company had a trading volume of 1,132 shares, compared to its average volume of 13,668. The stock has a fifty day moving average price of $23.50 and a 200 day moving average price of $23.53. The firm has a market cap of $34.37 million, a PE ratio of 30.60 and a beta of -0.85. STF Tactical Growth & Income ETF has a fifty-two week low of $21.55 and a fifty-two week high of $25.46.

STF Tactical Growth & Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 21st were paid a $0.2394 dividend. This is a positive change from STF Tactical Growth & Income ETF’s previous monthly dividend of $0.24. This represents a $2.87 dividend on an annualized basis and a dividend yield of 12.12%. The ex-dividend date was Thursday, November 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.