STF Tactical Growth & Income ETF (NASDAQ:TUGN) Short Interest Update

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 12,600 shares, an increase of 35.5% from the April 30th total of 9,300 shares. Based on an average daily trading volume, of 19,100 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.7% of the company’s stock are sold short.

STF Tactical Growth & Income ETF Trading Up 0.8%

STF Tactical Growth & Income ETF stock opened at $23.65 on Wednesday. The company has a fifty day simple moving average of $21.82 and a 200-day simple moving average of $23.21. The stock has a market cap of $44.94 million, a P/E ratio of 32.38 and a beta of -0.85. STF Tactical Growth & Income ETF has a 12-month low of $18.60 and a 12-month high of $25.46.

STF Tactical Growth & Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 22nd. Stockholders of record on Wednesday, May 21st were issued a $0.2352 dividend. This is an increase from STF Tactical Growth & Income ETF’s previous dividend of $0.20. The ex-dividend date was Wednesday, May 21st.

Institutional Investors Weigh In On STF Tactical Growth & Income ETF

An institutional investor recently raised its position in STF Tactical Growth & Income ETF stock. Q3 Asset Management boosted its holdings in STF Tactical Growth & Income ETF (NASDAQ:TUGN) by 66.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 526,877 shares of the company’s stock after acquiring an additional 210,300 shares during the quarter. STF Tactical Growth & Income ETF comprises approximately 7.8% of Q3 Asset Management’s portfolio, making the stock its 4th biggest holding. Q3 Asset Management owned about 30.99% of STF Tactical Growth & Income ETF worth $12,623,000 as of its most recent SEC filing.

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.