The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Stock Short Interest Falls 66.5%

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 3,949 shares, a decrease of 66.5% from the August 31st total of 11,776 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,869 shares, the days-to-cover ratio is currently 2.1 days.

Brinsmere Fund Growth ETF Stock Up 0.5%

Shares of Brinsmere Fund Growth ETF stock traded up $0.16 on Friday, hitting $32.80. The stock had a trading volume of 29 shares, compared to its average volume of 6,622. Brinsmere Fund Growth ETF has a twelve month low of $29.12 and a twelve month high of $33.37. The business’s 50 day moving average is $32.84 and its two-hundred day moving average is $32.11. The stock has a market cap of $387.37 million, a price-to-earnings ratio of 19.82 and a beta of 0.68.

Brinsmere Fund Growth ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Thursday, September 24th were paid a $0.1446 dividend. The ex-dividend date was Thursday, September 24th. This represents a $0.58 annualized dividend and a yield of 1.8%.

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.