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

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 19,500 shares, a growth of 364.3% from the March 15th total of 4,200 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average trading volume of 11,600 shares, the days-to-cover ratio is presently 1.7 days.

STF Tactical Growth & Income ETF Price Performance

Shares of TUGN stock opened at $21.11 on Tuesday. The firm has a fifty day moving average of $22.64 and a two-hundred day moving average of $23.53. The firm has a market cap of $40.11 million, a P/E ratio of 30.36 and a beta of -0.85. STF Tactical Growth & Income ETF has a 1-year low of $18.60 and a 1-year high of $25.46.

STF Tactical Growth & Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were paid a $0.2257 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $2.71 dividend on an annualized basis and a yield of 12.83%.

Institutional Trading of STF Tactical Growth & Income ETF

An institutional investor recently raised its position in STF Tactical Growth & Income ETF stock. Q3 Asset Management lifted its position in STF Tactical Growth & Income ETF (NASDAQ:TUGN) by 66.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. 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 accounts for approximately 7.8% of Q3 Asset Management’s holdings, making the stock its 4th largest position. Q3 Asset Management owned 30.99% of STF Tactical Growth & Income ETF worth $12,623,000 at the end of the most recent quarter.

About STF Tactical Growth & Income ETF

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.