Short Interest in The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Declines By 99.1%

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 74 shares, a decrease of 99.1% from the April 30th total of 8,000 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 9,061 shares, the short-interest ratio is presently 0.0 days.

Brinsmere Fund Growth ETF Stock Performance

Shares of TBFG traded up $0.06 during midday trading on Friday, hitting $32.87. 372 shares of the stock were exchanged, compared to its average volume of 10,569. Brinsmere Fund Growth ETF has a 52-week low of $26.99 and a 52-week high of $32.87. The stock has a fifty day simple moving average of $31.24 and a 200 day simple moving average of $30.78. The firm has a market cap of $391.15 million, a P/E ratio of 19.82 and a beta of 0.68.

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.