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

STF Tactical Growth ETF (NASDAQ:TUG) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 480 shares, a decrease of 49.4% from the August 31st total of 949 shares. Based on an average daily volume of 756 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the company’s stock are short sold.

STF Tactical Growth ETF Trading Up 0.4%

Shares of TUG traded up $0.20 during midday trading on Wednesday, reaching $47.94. 221 shares of the company were exchanged, compared to its average volume of 5,448. STF Tactical Growth ETF has a 1-year low of $35.93 and a 1-year high of $48.21. The stock has a 50-day moving average price of $46.33 and a 200-day moving average price of $44.49. The company has a market cap of $34.99 million, a price-to-earnings ratio of 28.66 and a beta of 0.80.

About STF Tactical Growth ETF

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.