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

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 77 shares, a decrease of 74.7% from the October 15th total of 304 shares. Based on an average trading volume of 1,485 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

STF Tactical Growth ETF Stock Performance

NASDAQ:TUG opened at $45.41 on Thursday. STF Tactical Growth ETF has a fifty-two week low of $35.93 and a fifty-two week high of $49.09. The company has a 50 day moving average price of $46.71 and a 200 day moving average price of $43.98. The stock has a market capitalization of $33.15 million, a P/E ratio of 26.80 and a beta of 0.81.

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.