STF Tactical Growth ETF (NASDAQ:TUG) Sees Large Increase in Short Interest

STF Tactical Growth ETF (NASDAQ:TUG) saw a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 6,000 shares, an increase of 5,900.0% from the January 15th total of 100 shares. Based on an average daily volume of 14,900 shares, the days-to-cover ratio is currently 0.4 days.

STF Tactical Growth ETF Stock Down 0.2 %

TUG traded down $0.07 during trading on Wednesday, reaching $34.59. The company’s stock had a trading volume of 3,107 shares, compared to its average volume of 13,946. The firm has a fifty day simple moving average of $34.71 and a two-hundred day simple moving average of $33.80. The company has a market cap of $196.44 million, a price-to-earnings ratio of 35.32 and a beta of -1.09. STF Tactical Growth ETF has a 1 year low of $29.69 and a 1 year high of $36.83.

STF Tactical Growth ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, December 26th were issued a $1.6048 dividend. The ex-dividend date was Thursday, December 26th.

About STF Tactical Growth ETF

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.