The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Short Interest Up 386.0% in July

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 4,359 shares, a growth of 386.0% from the June 30th total of 897 shares. Based on an average daily trading volume, of 436 shares, the days-to-cover ratio is presently 10.0 days. Approximately 0.0% of the shares of the company are sold short.

Brinsmere Fund Growth ETF Trading Down 0.1%

TBFG traded down $0.02 during trading on Friday, hitting $32.20. The stock had a trading volume of 25,544 shares, compared to its average volume of 8,317. The firm has a market cap of $378.03 million, a PE ratio of 19.82 and a beta of 0.67. Brinsmere Fund Growth ETF has a 12 month low of $27.84 and a 12 month high of $33.07. The company has a 50 day simple moving average of $32.53 and a 200-day simple moving average of $31.49.

Brinsmere Fund Growth ETF Company Profile

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.