The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Short Interest Update

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,898 shares, an increase of 199.2% from the July 15th total of 1,637 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 821 shares, the days-to-cover ratio is presently 6.0 days.

Brinsmere Fund Conservative ETF Stock Performance

NYSEARCA:TBFC traded up $0.09 during mid-day trading on Thursday, hitting $29.67. The stock had a trading volume of 444 shares, compared to its average volume of 3,844. Brinsmere Fund Conservative ETF has a twelve month low of $27.30 and a twelve month high of $29.79. The stock has a market cap of $363.75 million, a price-to-earnings ratio of 18.75 and a beta of 0.44. The company’s 50 day simple moving average is $29.33 and its 200 day simple moving average is $29.03.

Brinsmere Fund Conservative ETF Company Profile

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.