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

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 17,700 shares, an increase of 1,670.0% from the December 31st total of 1,000 shares. Based on an average daily trading volume, of 11,000 shares, the days-to-cover ratio is presently 1.6 days.

Hedge Funds 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 grew its position in STF Tactical Growth & Income ETF (NASDAQ:TUGN) by 66.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 526,877 shares of the company’s stock after acquiring an additional 210,300 shares during the period. STF Tactical Growth & Income ETF comprises about 7.8% of Q3 Asset Management’s portfolio, making the stock its 4th largest holding. Q3 Asset Management owned 30.99% of STF Tactical Growth & Income ETF worth $12,623,000 at the end of the most recent reporting period.

STF Tactical Growth & Income ETF Trading Up 1.2 %

Shares of NASDAQ TUGN traded up $0.29 during mid-day trading on Tuesday, hitting $24.23. The company had a trading volume of 2,463 shares, compared to its average volume of 8,385. STF Tactical Growth & Income ETF has a one year low of $21.55 and a one year high of $25.46. The company has a market capitalization of $41.91 million, a PE ratio of 30.60 and a beta of -0.85. The firm has a 50-day simple moving average of $24.33 and a two-hundred day simple moving average of $23.62.

STF Tactical Growth & Income ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 23rd. Stockholders of record on Wednesday, January 22nd were paid a dividend of $0.2447 per share. The ex-dividend date was Wednesday, January 22nd.

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.