Short Interest in The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Decreases By 44.3%

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 2,427 shares, a decline of 44.3% from the July 15th total of 4,359 shares. Based on an average daily volume of 2,341 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.0% of the shares of the company are short sold.

Brinsmere Fund Growth ETF Stock Performance

Shares of TBFG stock remained flat at $33.37 during trading hours on Monday. The stock had a trading volume of 2,343 shares, compared to its average volume of 7,612. The firm has a market cap of $392.76 million, a P/E ratio of 19.82 and a beta of 0.68. The business’s 50-day simple moving average is $32.59 and its 200 day simple moving average is $31.72. Brinsmere Fund Growth ETF has a fifty-two week low of $28.42 and a fifty-two week high of $33.37.

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.