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

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

STF Tactical Growth ETF Stock Up 1.1 %

Shares of STF Tactical Growth ETF stock opened at $31.32 on Thursday. STF Tactical Growth ETF has a twelve month low of $29.69 and a twelve month high of $36.83. The company has a 50-day simple moving average of $33.86 and a two-hundred day simple moving average of $33.95. The stock has a market capitalization of $177.90 million, a price-to-earnings ratio of 30.55 and a beta of 0.63.

STF Tactical Growth ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Thursday, December 26th were paid 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.