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

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decline of 98.8% from the February 28th total of 8,600 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 17,000 shares, the short-interest ratio is presently 0.0 days.

STF Tactical Growth ETF Stock Down 0.6 %

STF Tactical Growth ETF stock opened at $31.76 on Friday. The business has a 50 day moving average price of $33.42 and a two-hundred day moving average price of $33.90. STF Tactical Growth ETF has a 12 month low of $29.69 and a 12 month high of $36.83. The stock has a market cap of $180.40 million, a price-to-earnings ratio of 30.55 and a beta of -1.09.

STF Tactical Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were paid a $0.0114 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.14%.

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.