STF Tactical Growth ETF (NASDAQ:TUG) Stock Short Interest Declines 49.4%

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 480 shares, a drop of 49.4% from the August 31st total of 949 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 756 shares, the days-to-cover ratio is presently 0.6 days.

STF Tactical Growth ETF Trading Down 1.1%

Shares of TUG stock opened at $47.58 on Tuesday. The company has a market capitalization of $34.73 million, a price-to-earnings ratio of 28.66 and a beta of 0.80. The firm has a 50-day moving average price of $46.30 and a 200 day moving average price of $44.43. STF Tactical Growth ETF has a twelve month low of $35.93 and a twelve month high of $48.21.

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.