Short Interest in The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Grows By 150.0%
by Mitch Edgeman · The Markets DailyThe Brinsmere Fund Growth ETF (NYSEARCA:TBFG – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 185 shares, a growth of 150.0% from the May 14th total of 74 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 16,714 shares, the short-interest ratio is currently 0.0 days.
Brinsmere Fund Growth ETF Trading Up 0.4%
NYSEARCA TBFG traded up $0.12 on Friday, reaching $32.65. 1,757 shares of the company were exchanged, compared to its average volume of 10,058. The business’s fifty day moving average price is $31.87 and its 200 day moving average price is $30.99. The stock has a market capitalization of $388.54 million, a P/E ratio of 19.82 and a beta of 0.68. Brinsmere Fund Growth ETF has a fifty-two week low of $27.25 and a fifty-two week high of $33.07.
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.