Short Interest in STF Tactical Growth & Income ETF (NASDAQ:TUGN) Decreases By 34.4%

STF Tactical Growth & Income ETF (NASDAQ:TUGN) was the recipient of 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. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 10,000 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of STF Tactical Growth & Income ETF

A hedge fund recently raised its stake in STF Tactical Growth & Income ETF stock. Q3 Asset Management boosted its position in STF Tactical Growth & Income ETF (NASDAQ:TUGN) by 66.4% in the fourth quarter, according to the company in its most recent Form 13F filing 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 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 2.1 %

NASDAQ:TUGN opened at $21.56 on Friday. STF Tactical Growth & Income ETF has a 12-month low of $21.53 and a 12-month high of $25.46. The stock’s 50 day simple moving average is $23.60 and its 200-day simple moving average is $23.73. The firm has a market cap of $40.96 million, a P/E ratio of 30.36 and a beta of 0.61.

STF Tactical Growth & Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 27th. Shareholders of record on Wednesday, March 26th were given a dividend of $0.2257 per share. The ex-dividend date was Wednesday, March 26th. This represents a $2.71 dividend on an annualized basis and a yield of 12.56%.

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.