The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Short Interest Update

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,578 shares, a decline of 65.9% from the June 15th total of 4,630 shares. Based on an average daily volume of 1,681 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the company’s shares are sold short.

Brinsmere Fund Conservative ETF Trading Down 0.1%

NYSEARCA TBFC traded down $0.02 on Wednesday, hitting $29.25. The company’s stock had a trading volume of 258 shares, compared to its average volume of 4,285. Brinsmere Fund Conservative ETF has a 52-week low of $26.97 and a 52-week high of $29.79. The company’s 50-day simple moving average is $29.41 and its 200 day simple moving average is $28.93. The firm has a market cap of $358.61 million, a P/E ratio of 18.75 and a beta of 0.43.

About Brinsmere Fund Conservative ETF

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.