STF Tactical Growth ETF (NASDAQ:TUG) Sees Large Decline in Short Interest

STF Tactical Growth ETF (NASDAQ:TUG) was the target of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 98.8% from the February 28th total of 8,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 17,000 shares, the short-interest ratio is currently 0.0 days.

STF Tactical Growth ETF Price Performance

TUG stock traded down $0.56 during midday trading on Wednesday, reaching $31.94. The company had a trading volume of 14,616 shares, compared to its average volume of 15,908. The firm has a 50-day moving average price of $33.50 and a 200-day moving average price of $33.93. The company has a market capitalization of $181.42 million, a P/E ratio of 30.55 and a beta of -1.09. STF Tactical Growth ETF has a 1 year low of $29.69 and a 1 year high of $36.83.

STF Tactical Growth ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Wednesday, March 26th will be paid a $0.0114 dividend. This represents a $0.05 annualized dividend and a dividend yield of 0.14%. The ex-dividend date is Wednesday, March 26th.

STF Tactical Growth ETF Company Profile

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.