Short Interest in The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Increases By 150.0%

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 185 shares, a growth of 150.0% from the May 14th total of 74 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 16,714 shares, the short-interest ratio is currently 0.0 days.

Brinsmere Fund Growth ETF Stock Performance

TBFG stock traded up $0.12 during mid-day trading on Friday, hitting $32.65. 1,757 shares of the company were exchanged, compared to its average volume of 10,058. The firm has a market cap of $388.54 million, a P/E ratio of 19.82 and a beta of 0.68. The firm’s 50 day simple moving average is $31.87 and its 200 day simple moving average is $30.99. Brinsmere Fund Growth ETF has a 1-year low of $27.25 and a 1-year high of $33.07.

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.