STF Tactical Growth ETF (NASDAQ:TUG) Short Interest Up 166.7% in September

STF Tactical Growth ETF (NASDAQ:TUG) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 800 shares, an increase of 166.7% from the August 31st total of 300 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 13,900 shares, the short-interest ratio is presently 0.1 days.

STF Tactical Growth ETF Stock Performance

Shares of STF Tactical Growth ETF stock opened at $39.35 on Friday. The company has a 50-day simple moving average of $37.90 and a two-hundred day simple moving average of $34.91. The stock has a market capitalization of $196.75 million, a PE ratio of 28.66 and a beta of -1.09. STF Tactical Growth ETF has a 52-week low of $27.14 and a 52-week high of $39.74.

STF Tactical Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Wednesday, September 24th were paid a dividend of $0.0036 per share. This represents a $0.01 annualized dividend and a yield of 0.0%. The ex-dividend date was Wednesday, September 24th.

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.