The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Sees Large Increase in Short Interest

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a significant growth in short interest in 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. Based on an average trading volume of 1,369 shares, the short-interest ratio is presently 8.6 days. Approximately 0.1% of the shares of the stock are short sold.

Brinsmere Fund Growth ETF Stock Performance

TBFG traded down $0.11 during trading on Tuesday, reaching $32.56. The stock had a trading volume of 10,878 shares, compared to its average volume of 6,935. The stock has a market cap of $383.23 million, a PE ratio of 19.82 and a beta of 0.68. Brinsmere Fund Growth ETF has a one year low of $29.12 and a one year high of $33.37. The business has a 50-day moving average of $32.78 and a 200-day moving average of $32.00.

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.