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

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 3,537 shares, a growth of 353,600.0% from the April 30th total of 1 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 5,693 shares, the short-interest ratio is currently 0.6 days.

Brinsmere Fund Conservative ETF Stock Performance

Shares of TBFC stock opened at $29.63 on Friday. The stock’s fifty day moving average is $28.80 and its two-hundred day moving average is $28.68. The firm has a market capitalization of $362.67 million, a P/E ratio of 18.75 and a beta of 0.44. Brinsmere Fund Conservative ETF has a fifty-two week low of $26.39 and a fifty-two week high of $29.63.

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.