Short Interest in The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Declines By 65.9%

by · The Cerbat Gem

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,578 shares, a decrease of 65.9% from the June 15th total of 4,630 shares. Based on an average trading volume of 1,681 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are sold short.

Brinsmere Fund Conservative ETF Stock Performance

TBFC opened at $29.33 on Monday. The stock has a market capitalization of $360.17 million, a price-to-earnings ratio of 18.75 and a beta of 0.43. Brinsmere Fund Conservative ETF has a fifty-two week low of $26.90 and a fifty-two week high of $29.79. The company has a fifty day moving average of $29.40 and a 200 day moving average of $28.92.

Brinsmere Fund Conservative ETF Company Profile

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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.

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