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

STF Tactical Growth ETF (NASDAQ:TUG) was the target of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 414 shares, a growth of 245.0% from the April 15th total of 120 shares. Based on an average trading volume of 2,111 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

STF Tactical Growth ETF Trading Down 1.2%

TUG stock opened at $45.42 on Friday. STF Tactical Growth ETF has a 1-year low of $33.34 and a 1-year high of $46.09. The firm has a market cap of $44.51 million, a PE ratio of 28.66 and a beta of 0.77. The business’s 50-day moving average price is $40.35 and its two-hundred day moving average price is $40.10.

STF Tactical Growth ETF Company Profile

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.