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

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

Hedge Funds Weigh In On STF Tactical Growth & Income ETF

An institutional investor recently raised its position in STF Tactical Growth & Income ETF stock. Q3 Asset Management lifted its holdings in shares of STF Tactical Growth & Income ETF (NASDAQ:TUGN) by 66.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 526,877 shares of the company’s stock after acquiring an additional 210,300 shares during the quarter. STF Tactical Growth & Income ETF accounts for about 7.8% of Q3 Asset Management’s holdings, making the stock its 4th largest position. Q3 Asset Management owned about 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 Trading Down 0.1 %

NASDAQ TUGN traded down $0.03 during trading 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 fifty-two week low of $21.55 and a fifty-two week high of $25.46. The company has a market cap of $42.04 million, a PE ratio of 30.60 and a beta of -0.85. The stock’s 50 day moving average price is $24.34 and its two-hundred day moving average price is $23.60.

STF Tactical Growth & Income ETF Cuts Dividend

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

About STF Tactical Growth & Income ETF

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.