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

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

Brinsmere Fund Growth ETF Price Performance

TBFG remained flat at $32.72 during midday trading on Thursday. 10 shares of the company’s stock traded hands, compared to its average volume of 10,775. The stock’s 50 day simple moving average is $31.19 and its 200 day simple moving average is $30.76. The stock has a market cap of $389.37 million, a P/E ratio of 19.82 and a beta of 0.68. Brinsmere Fund Growth ETF has a 12-month low of $26.91 and a 12-month high of $32.79.

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.