STF Tactical Growth & Income ETF (NASDAQ:TUGN) Sees Significant Increase in Short Interest

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 43,100 shares, an increase of 353.7% from the October 31st total of 9,500 shares. Based on an average daily volume of 9,900 shares, the short-interest ratio is presently 4.4 days.

STF Tactical Growth & Income ETF Stock Performance

TUGN opened at $23.78 on Thursday. The firm’s fifty day moving average is $23.52 and its two-hundred day moving average is $23.53. The firm has a market cap of $34.48 million, a PE ratio of 30.60 and a beta of -0.85. STF Tactical Growth & Income ETF has a twelve month low of $21.55 and a twelve month high of $25.46.

STF Tactical Growth & Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 22nd. Shareholders of record on Thursday, November 21st were issued a $0.2394 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This is a positive change from STF Tactical Growth & Income ETF’s previous monthly dividend of $0.24. This represents a $2.87 annualized dividend and a yield of 12.08%.

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.