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

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 2,427 shares, a decline of 44.3% from the July 15th total of 4,359 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,341 shares, the short-interest ratio is presently 1.0 days.

Brinsmere Fund Growth ETF Stock Performance

Shares of NYSEARCA TBFG remained flat at $33.37 during mid-day trading on Monday. The company had a trading volume of 2,343 shares, compared to its average volume of 7,612. The business’s fifty day moving average is $32.59 and its 200 day moving average is $31.72. Brinsmere Fund Growth ETF has a 52-week low of $28.42 and a 52-week high of $33.37. The company has a market capitalization of $392.76 million, a price-to-earnings 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.