STF Tactical Growth & Income ETF (NASDAQ:TUGN) Sees Significant Increase in Short Interest

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 17,700 shares, a growth of 1,670.0% from the December 15th total of 1,000 shares. Based on an average daily volume of 11,000 shares, the short-interest ratio is currently 1.6 days.

STF Tactical Growth & Income ETF Trading Up 2.6 %

Shares of NASDAQ TUGN traded up $0.61 during trading hours on Wednesday, hitting $24.33. 13,506 shares of the company traded hands, compared to its average volume of 10,156. The company’s 50 day moving average price is $24.28 and its 200 day moving average price is $23.64. STF Tactical Growth & Income ETF has a 12 month low of $21.55 and a 12 month high of $25.46. The stock has a market capitalization of $41.36 million, a price-to-earnings ratio of 30.60 and a beta of -0.85.

STF Tactical Growth & Income ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 26th were paid a $0.2461 dividend. The ex-dividend date of this dividend was Thursday, December 26th.

STF Tactical Growth & Income ETF Company Profile

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.