The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Short Interest Down 65.9% in June

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,578 shares, a drop of 65.9% from the June 15th total of 4,630 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,681 shares, the short-interest ratio is currently 0.9 days.

Brinsmere Fund Conservative ETF Stock Performance

Brinsmere Fund Conservative ETF stock traded up $0.12 during midday trading on Tuesday, hitting $29.27. 252 shares of the company’s stock were exchanged, compared to its average volume of 4,316. The company has a market cap of $359.44 million, a P/E ratio of 18.75 and a beta of 0.43. The stock has a 50-day moving average price of $29.41 and a two-hundred day moving average price of $28.93. Brinsmere Fund Conservative ETF has a 52-week low of $26.90 and a 52-week high of $29.79.

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.