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

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

Brinsmere Fund Growth ETF Stock Performance

Shares of TBFG stock remained flat at $32.20 during midday trading on Monday. The company’s stock had a trading volume of 25,544 shares, compared to its average volume of 8,317. Brinsmere Fund Growth ETF has a one year low of $27.84 and a one year high of $33.07. The firm has a market capitalization of $378.03 million, a PE ratio of 19.82 and a beta of 0.67. The stock has a 50-day simple moving average of $32.53 and a 200 day simple moving average of $31.50.

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.