STF Tactical Growth & Income ETF (NASDAQ:TUGN) Sees Significant Increase in Short Interest

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a large growth in short interest in November. As of November 15th, there was short interest totalling 43,100 shares, a growth of 353.7% from the October 31st total of 9,500 shares. Based on an average daily trading volume, of 9,900 shares, the days-to-cover ratio is presently 4.4 days.

STF Tactical Growth & Income ETF Trading Down 0.7 %

Shares of NASDAQ:TUGN opened at $23.78 on Thursday. The firm has a 50 day moving average of $23.52 and a 200-day moving average of $23.53. The stock has a market capitalization of $34.48 million, a PE ratio of 30.60 and a beta of -0.85. STF Tactical Growth & Income ETF has a 12 month low of $21.55 and a 12 month high of $25.46.

STF Tactical Growth & Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, November 21st were given a dividend of $0.2394 per share. This represents a $2.87 dividend on an annualized basis and a yield of 12.08%. This is a boost from STF Tactical Growth & Income ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Thursday, November 21st.

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.