Short Interest in The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Rises By 353.0%

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 897 shares, an increase of 353.0% from the June 15th total of 198 shares. Based on an average trading volume of 612 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.0% of the shares of the company are short sold.

Brinsmere Fund Growth ETF Price Performance

NYSEARCA TBFG opened at $32.34 on Tuesday. The company has a market cap of $379.67 million, a PE ratio of 19.82 and a beta of 0.67. Brinsmere Fund Growth ETF has a 52 week low of $27.84 and a 52 week high of $33.07. The firm’s 50-day simple moving average is $32.51 and its two-hundred day simple moving average is $31.37.

Brinsmere Fund Growth ETF Company Profile

The Brinsmere Fund Growth ETF (TBFG) is an exchange-traded fund that mostly invests in target outcome 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 growth-focused portfolio. TBFG was launched on Jan 12, 2024 and is issued by The Brinsmere Funds.