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

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,949 shares, a decline of 66.5% from the August 31st total of 11,776 shares. Based on an average daily trading volume, of 1,869 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.0% of the company’s shares are short sold.

Brinsmere Fund Growth ETF Stock Performance

NYSEARCA:TBFG traded down $0.27 during midday trading on Monday, reaching $32.53. 174 shares of the stock traded hands, compared to its average volume of 6,588. The stock has a market capitalization of $384.18 million, a P/E ratio of 19.82 and a beta of 0.68. The company has a fifty day moving average of $32.85 and a 200 day moving average of $32.12. Brinsmere Fund Growth ETF has a 12 month low of $29.12 and a 12 month high of $33.37.

Brinsmere Fund Growth ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Thursday, September 24th were given a $0.1446 dividend. The ex-dividend date was Thursday, September 24th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.8%.

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.