Short Interest in STF Tactical Growth ETF (NASDAQ:TUG) Grows By 4,200.0%

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a significant increase in short interest in February. As of February 28th, there was short interest totalling 8,600 shares, an increase of 4,200.0% from the February 13th total of 200 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,000 shares, the days-to-cover ratio is currently 0.5 days.

STF Tactical Growth ETF Trading Up 1.1 %

Shares of STF Tactical Growth ETF stock opened at $31.32 on Thursday. STF Tactical Growth ETF has a 12-month low of $29.69 and a 12-month high of $36.83. The company has a market cap of $177.90 million, a price-to-earnings ratio of 30.55 and a beta of 0.63. The company’s 50-day moving average price is $33.86 and its 200-day moving average price is $33.95.

STF Tactical Growth ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Thursday, December 26th were issued a $1.6048 dividend. The ex-dividend date was Thursday, December 26th.

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.