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

STF Tactical Growth & Income ETF (NASDAQ:TUGN) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 6,000 shares, a decline of 72.2% from the January 15th total of 21,600 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On STF Tactical Growth & Income ETF

A hedge fund recently raised its stake in STF Tactical Growth & Income ETF stock. Q3 Asset Management grew its holdings in STF Tactical Growth & Income ETF (NASDAQ:TUGN) by 66.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 526,877 shares of the company’s stock after purchasing 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 holding. Q3 Asset Management owned approximately 30.99% of STF Tactical Growth & Income ETF worth $12,623,000 as of its most recent SEC filing.

STF Tactical Growth & Income ETF Stock Down 0.1 %

NASDAQ:TUGN traded down $0.03 during mid-day trading on Wednesday, hitting $24.61. 59,920 shares of the stock traded hands, compared to its average volume of 8,957. STF Tactical Growth & Income ETF has a 52 week low of $21.55 and a 52 week high of $25.46. The stock has a market capitalization of $42.58 million, a price-to-earnings ratio of 30.60 and a beta of -0.85. The firm’s 50 day moving average is $24.45 and its two-hundred day moving average is $23.61.

STF Tactical Growth & Income ETF Cuts Dividend

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

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.