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

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 422 shares, a growth of 79.6% from the July 15th total of 235 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,362 shares, the short-interest ratio is currently 0.2 days.

STF Tactical Growth ETF Stock Down 0.1%

Shares of NASDAQ TUG opened at $47.40 on Friday. STF Tactical Growth ETF has a fifty-two week low of $35.93 and a fifty-two week high of $47.99. The business has a 50 day moving average price of $46.09 and a two-hundred day moving average price of $42.80. The firm has a market cap of $34.60 million, a PE ratio of 28.66 and a beta of 0.80.

STF Tactical Growth ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 25th were given a dividend of $0.0007 per share. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $0.00 dividend on an annualized basis and a dividend yield of 0.0%.

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.