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

STF Tactical Growth & Income ETF (NASDAQ:TUGNGet Free Report) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 4,200 shares, a decrease of 34.4% from the February 28th total of 6,400 shares. Based on an average daily trading volume, of 10,000 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are sold short.

STF Tactical Growth & Income ETF Stock Down 2.1 %

Shares of STF Tactical Growth & Income ETF stock opened at $21.56 on Friday. The company’s fifty day simple moving average is $23.60 and its two-hundred day simple moving average is $23.72. STF Tactical Growth & Income ETF has a 12-month low of $21.53 and a 12-month high of $25.46. The firm has a market cap of $37.30 million, a PE ratio of 30.74 and a beta of -0.85.

STF Tactical Growth & Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were paid a $0.2257 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $2.71 annualized dividend and a dividend yield of 12.56%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in STF Tactical Growth & Income ETF stock. Q3 Asset Management increased its holdings in STF Tactical Growth & Income ETF (NASDAQ:TUGNFree Report) by 66.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 526,877 shares of the company’s stock after acquiring an additional 210,300 shares during the quarter. STF Tactical Growth & Income ETF comprises approximately 7.8% of Q3 Asset Management’s portfolio, making the stock its 4th biggest position. Q3 Asset Management owned 30.99% of STF Tactical Growth & Income ETF worth $12,623,000 as of its most recent SEC filing.

About STF Tactical Growth & Income ETF

(Get Free Report)

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.

Further Reading

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