The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Short Interest Update

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 5,212 shares, an increase of 114.8% from the July 30th total of 2,427 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,370 shares, the days-to-cover ratio is currently 3.8 days.

Brinsmere Fund Growth ETF Trading Down 0.4%

NYSEARCA TBFG traded down $0.13 on Friday, reaching $33.06. 12,023 shares of the stock were exchanged, compared to its average volume of 7,241. Brinsmere Fund Growth ETF has a one year low of $28.58 and a one year high of $33.37. The firm has a market capitalization of $389.12 million, a PE ratio of 19.82 and a beta of 0.68. The company’s 50-day simple moving average is $32.69 and its two-hundred day simple moving average is $31.87.

About Brinsmere Fund Growth ETF

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.