STF Tactical Growth ETF (NASDAQ:TUG) Short Interest Update

STF Tactical Growth ETF (NASDAQ:TUG) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 200 shares, a drop of 66.7% from the September 30th total of 600 shares. Based on an average daily trading volume, of 15,500 shares, the short-interest ratio is presently 0.0 days.

STF Tactical Growth ETF Stock Performance

Shares of NASDAQ TUG traded up $0.15 during mid-day trading on Friday, reaching $33.91. 4,959 shares of the company’s stock were exchanged, compared to its average volume of 20,641. The company’s 50-day moving average is $32.97 and its 200-day moving average is $32.90. The firm has a market capitalization of $192.61 million, a price-to-earnings ratio of 35.32 and a beta of -1.09. STF Tactical Growth ETF has a 52-week low of $25.51 and a 52-week high of $36.11.

STF Tactical Growth ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 26th were given a dividend of $0.0261 per share. The ex-dividend date of this dividend was Thursday, September 26th. This is a boost from STF Tactical Growth ETF’s previous quarterly dividend of $0.02. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.31%.

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.