STBF Stock Summary and Trading Ideas (SHL Telemedicine Performance Trust Short Term Bond ETF | BATS:STBF)

The Performance Trust Short Term Bond ETF (the "Fund") seeks total return from income and preservation of principal. The Fund seeks to achieve its investment objective by active allocation in investment and non-investment grade quality bond markets. Non-investment grade securities are commonly referred to as "high yield" or "junk" bonds. PT Asset Management, LLC (DBA PTAM) (the "Adviser"), the Fund's investment adviser, uses a value-oriented strategy to select investments that the Adviser believes have superior risk-reward characteristics with respect to criteria such as price, interest rate sensitivity and credit quality. The Adviser's Portfolio Managers oversee the investment selection, sector allocation, and all decision-making regarding the Fund, which is guided by Shape Management , the Adviser's proprietary investment methodology. Shape Management is a math and logic approach that analyzes bonds and other fixed-income securities in a wide variety of future interest rate scenarios. The Fund will primarily invest in securities that have a dollar-weighted average portfolio duration of 4 years or less.

SHL Telemedicine Performance Trust Short Term Bond ETF trades on the BATS stock market under the symbol STBF.

As of May 9, 2024, STBF stock price was flat at $25.08 with 1 million shares trading.

STBF has a market cap of $9.03 million. This is considered a Sub-Micro Cap stock.

STBF support price is $25.05 and resistance is $25.10 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that STBF stock will trade within this expected range on the day.