Short Interest in The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Expands By 65.2%

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 8,090 shares, a growth of 65.2% from the July 30th total of 4,898 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,266 shares, the short-interest ratio is presently 6.4 days.

Brinsmere Fund Conservative ETF Trading Down 0.1%

Shares of NYSEARCA TBFC traded down $0.03 during trading on Monday, reaching $29.45. The company had a trading volume of 272 shares, compared to its average volume of 3,622. Brinsmere Fund Conservative ETF has a twelve month low of $27.46 and a twelve month high of $29.79. The stock has a 50-day moving average price of $29.34 and a two-hundred day moving average price of $29.09. The stock has a market capitalization of $361.06 million, a PE ratio of 18.75 and a beta of 0.44.

Brinsmere Fund Conservative ETF Company Profile

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.