The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Sees Significant Growth in Short Interest

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,630 shares, a growth of 475.2% from the May 31st total of 805 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,162 shares, the short-interest ratio is presently 2.1 days.

Brinsmere Fund Conservative ETF Trading Down 0.1%

Shares of NYSEARCA:TBFC traded down $0.02 during trading on Friday, reaching $29.27. 540 shares of the stock were exchanged, compared to its average volume of 4,546. Brinsmere Fund Conservative ETF has a 12 month low of $26.88 and a 12 month high of $29.79. The stock has a 50-day moving average price of $29.32 and a 200-day moving average price of $28.86. The firm has a market cap of $358.26 million, a PE ratio of 18.75 and a beta of 0.43.

About Brinsmere Fund Conservative ETF

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.