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

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 700 shares, a drop of 70.8% from the September 30th total of 2,400 shares. Based on an average daily trading volume, of 14,400 shares, the days-to-cover ratio is presently 0.0 days.

STF Tactical Growth & Income ETF Price Performance

NASDAQ TUGN traded up $0.11 during trading on Friday, hitting $23.37. The company’s stock had a trading volume of 4,116 shares, compared to its average volume of 13,353. STF Tactical Growth & Income ETF has a fifty-two week low of $20.12 and a fifty-two week high of $25.46. The company has a market cap of $33.89 million, a PE ratio of 30.60 and a beta of -0.85. The business’s 50 day simple moving average is $22.96 and its 200-day simple moving average is $23.35.

STF Tactical Growth & Income ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Investors of record on Thursday, October 24th were paid a $0.2361 dividend. This represents a $2.83 dividend on an annualized basis and a yield of 12.12%. The ex-dividend date of this dividend was Thursday, October 24th.

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.