The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Shares Shorted: Short Interest Down 66.5% in September

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a significant decrease in short interest in 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. Currently, 0.0% of the company’s shares are short sold. 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 Performance

Shares of NYSEARCA TBFG traded down $0.07 during midday trading on Tuesday, reaching $32.46. The stock had a trading volume of 136 shares, compared to its average volume of 6,553. The company has a market capitalization of $383.33 million, a price-to-earnings ratio of 19.82 and a beta of 0.68. The stock has a 50-day moving average of $32.85 and a 200-day moving average of $32.12. Brinsmere Fund Growth ETF has a 12-month low of $29.12 and a 12-month high of $33.37.

Brinsmere Fund Growth ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Thursday, September 24th were given a dividend of $0.1446 per share. This represents a $0.58 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Thursday, September 24th.

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.