The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Short Interest Up 475.2% in June

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 4,630 shares, an increase of 475.2% from the May 31st total of 805 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 2,162 shares, the short-interest ratio is currently 2.1 days.

Brinsmere Fund Conservative ETF Price Performance

NYSEARCA:TBFC traded up $0.05 during trading hours on Friday, reaching $29.34. 527 shares of the company were exchanged, compared to its average volume of 4,546. The firm has a market cap of $359.12 million, a price-to-earnings ratio of 18.75 and a beta of 0.43. The stock has a 50 day simple moving average of $29.32 and a 200 day simple moving average of $28.86. Brinsmere Fund Conservative ETF has a 52-week low of $26.88 and a 52-week high of $29.79.

Brinsmere Fund Conservative ETF Company Profile

The Brinsmere Fund Conservative ETF (TBFC) is an exchange-traded fund that mostly invests in target risk asset allocation. The fund is an actively managed fund of funds with exposure to the global equity and bond markets. It uses two proprietary investment strategies to create a conservative portfolio. TBFC was launched on Jan 12, 2024 and is issued by The Brinsmere Funds.