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

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 11,776 shares, a growth of 125.9% from the August 15th total of 5,212 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,369 shares, the days-to-cover ratio is presently 8.6 days.

Brinsmere Fund Growth ETF Price Performance

Shares of NYSEARCA:TBFG opened at $32.92 on Monday. The firm has a market cap of $387.47 million, a price-to-earnings ratio of 19.82 and a beta of 0.68. Brinsmere Fund Growth ETF has a 12 month low of $29.12 and a 12 month high of $33.37. The company’s fifty day simple moving average is $32.78 and its 200 day simple moving average is $31.99.

Brinsmere Fund Growth ETF Company Profile

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.