The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Stock Short Interest Rises 273.6%

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 452 shares, a growth of 273.6% from the September 30th total of 121 shares. Based on an average daily volume of 120 shares, the short-interest ratio is currently 3.8 days. Currently, 0.0% of the shares of the company are sold short.

Brinsmere Fund Growth ETF Trading Down 1.1%

TBFG stock traded down $0.37 on Friday, hitting $32.10. The company had a trading volume of 1,614 shares, compared to its average volume of 6,165. Brinsmere Fund Growth ETF has a 12-month low of $29.12 and a 12-month high of $33.37. The stock’s 50-day simple moving average is $32.72 and its 200 day simple moving average is $31.94. The stock has a market cap of $379.10 million, a price-to-earnings ratio of 19.82 and a beta of 0.68.

Brinsmere Fund Growth ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.1446 per share. This represents a $0.58 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Thursday, September 24th.

About Brinsmere Fund Growth ETF

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.