Short Interest in STF Tactical Growth ETF (NASDAQ:TUG) Rises By 79.6%

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 422 shares, a growth of 79.6% from the July 15th total of 235 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,362 shares, the days-to-cover ratio is presently 0.2 days.

STF Tactical Growth ETF Stock Performance

TUG stock opened at $47.40 on Monday. STF Tactical Growth ETF has a twelve month low of $35.93 and a twelve month high of $47.99. The company’s 50 day moving average is $46.09 and its two-hundred day moving average is $42.82. The stock has a market cap of $34.60 million, a P/E ratio of 28.66 and a beta of 0.80.

STF Tactical Growth ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 25th were given a $0.0007 dividend. This represents a $0.00 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Thursday, June 25th.

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.