The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Short Interest Up 125.9% in August

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 11,776 shares, an increase of 125.9% from the August 15th total of 5,212 shares. Based on an average daily trading volume, of 1,369 shares, the days-to-cover ratio is presently 8.6 days. Approximately 0.1% of the company’s shares are short sold.

Brinsmere Fund Growth ETF Stock Performance

Brinsmere Fund Growth ETF stock opened at $32.56 on Wednesday. The stock has a market capitalization of $383.23 million, a price-to-earnings ratio of 19.82 and a beta of 0.68. Brinsmere Fund Growth ETF has a 52-week low of $29.12 and a 52-week high of $33.37. The stock’s 50 day moving average price is $32.78 and its two-hundred day moving average price is $32.01.

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.