The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Stock Short Interest Report for October

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 1,389 shares, a growth of 298.0% from the October 15th total of 349 shares. Based on an average daily trading volume, of 482 shares, the days-to-cover ratio is presently 2.9 days. Currently, 0.0% of the company’s stock are sold short.

Brinsmere Fund Conservative ETF Price Performance

NYSEARCA:TBFC opened at $28.59 on Thursday. The firm has a 50-day moving average of $28.89 and a two-hundred day moving average of $29.03. The stock has a market cap of $353.94 million, a P/E ratio of 18.75 and a beta of 0.45. Brinsmere Fund Conservative ETF has a 1-year low of $27.64 and a 1-year high of $29.79.

Brinsmere Fund Conservative ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 24th were given a dividend of $0.2097 per share. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from Brinsmere Fund Conservative ETF’s previous quarterly dividend of $0.1758. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.9%.

About Brinsmere Fund Conservative ETF

The Brinsmere Fund Conservative ETF (TBFC) is an exchange-traded fund that mostly invests in target risk 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 conservative portfolio. TBFC was launched on Jan 12, 2024 and is issued by The Brinsmere Funds.