The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Sees Large Drop in Short Interest

The Brinsmere Fund Growth ETF (NYSEARCA:TBFGGet Free Report) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,427 shares, a drop of 44.3% from the July 15th total of 4,359 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 2,341 shares, the short-interest ratio is currently 1.0 days.

Brinsmere Fund Growth ETF Trading Down 1.0%

TBFG opened at $33.03 on Wednesday. The firm has a 50 day moving average of $32.62 and a two-hundred day moving average of $31.75. The firm has a market capitalization of $388.76 million, a PE ratio of 19.82 and a beta of 0.68. Brinsmere Fund Growth ETF has a 12-month low of $28.42 and a 12-month high of $33.37.

Brinsmere Fund Growth ETF Company Profile

(Get Free Report)

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.

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