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

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 17,700 shares, a growth of 1,670.0% from the December 31st total of 1,000 shares. Based on an average daily volume of 11,000 shares, the short-interest ratio is currently 1.6 days.

STF Tactical Growth & Income ETF Stock Performance

Shares of STF Tactical Growth & Income ETF stock traded down $0.03 on Wednesday, hitting $24.30. 4,026 shares of the company’s stock were exchanged, compared to its average volume of 8,274. STF Tactical Growth & Income ETF has a 1 year low of $21.55 and a 1 year high of $25.46. The company has a 50-day simple moving average of $24.34 and a 200-day simple moving average of $23.60. The stock has a market capitalization of $42.04 million, a PE ratio of 30.60 and a beta of -0.85.

STF Tactical Growth & Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 23rd. Shareholders of record on Wednesday, January 22nd were issued a dividend of $0.2447 per share. The ex-dividend date of this dividend was Wednesday, January 22nd.

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 increased its position in STF Tactical Growth & Income ETF (NASDAQ:TUGN) by 66.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 526,877 shares of the company’s stock after buying an additional 210,300 shares during the period. STF Tactical Growth & Income ETF comprises 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.

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.