Short Interest in STF Tactical Growth & Income ETF (NASDAQ:TUGN) Drops By 70.0%

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,006 shares, a decrease of 70.0% from the May 31st total of 3,358 shares. Based on an average daily volume of 20,609 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

STF Tactical Growth & Income ETF Stock Up 2.3%

Shares of NASDAQ TUGN opened at $28.01 on Tuesday. The company has a market capitalization of $84.03 million, a PE ratio of 32.38 and a beta of 0.82. STF Tactical Growth & Income ETF has a twelve month low of $22.12 and a twelve month high of $29.08. The firm has a fifty day simple moving average of $27.41 and a 200 day simple moving average of $25.65.

STF Tactical Growth & Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 25th were given a $0.275 dividend. The ex-dividend date of this dividend was Thursday, June 25th.

About STF Tactical Growth & Income ETF

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. The fund employs an option spread strategy to potentially increase the funds returns TUGN was launched on May 19, 2022 and is managed by STF.