The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Stock Short Interest Falls 96.9%

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 121 shares, a drop of 96.9% from the September 15th total of 3,949 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 493 shares, the short-interest ratio is currently 0.2 days.

Brinsmere Fund Growth ETF Stock Performance

Brinsmere Fund Growth ETF stock traded up $0.14 during midday trading on Friday, hitting $32.70. 501 shares of the company’s stock were exchanged, compared to its average volume of 6,289. The company has a market cap of $386.19 million, a P/E ratio of 19.82 and a beta of 0.68. The stock has a 50-day moving average price of $32.91 and a two-hundred day moving average price of $32.26. Brinsmere Fund Growth ETF has a 52-week low of $29.12 and a 52-week high of $33.37.

Brinsmere Fund Growth ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders 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 dividend yield of 1.8%. The ex-dividend date 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.