TBG Dividend Focus ETF (NYSEARCA:TBG) Short Interest Down 37.2% in June

TBG Dividend Focus ETF (NYSEARCA:TBG) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 83,101 shares, a decrease of 37.2% from the June 15th total of 132,347 shares. Based on an average daily volume of 21,148 shares, the days-to-cover ratio is currently 3.9 days. Currently, 1.3% of the company’s shares are short sold.

Institutional Trading of TBG Dividend Focus ETF

A number of large investors have recently bought and sold shares of TBG. Royal Bank of Canada acquired a new position in shares of TBG Dividend Focus ETF in the 4th quarter valued at about $25,000. Osaic Holdings Inc. bought a new stake in shares of TBG Dividend Focus ETF during the 2nd quarter valued at about $54,000. Team Financial Group LLC acquired a new stake in TBG Dividend Focus ETF during the first quarter worth approximately $119,000. Keel Point LLC acquired a new stake in TBG Dividend Focus ETF during the third quarter worth approximately $208,000. Finally, CWM LLC increased its holdings in TBG Dividend Focus ETF by 47.7% in the fourth quarter. CWM LLC now owns 6,734 shares of the company’s stock worth $225,000 after purchasing an additional 2,175 shares in the last quarter.

TBG Dividend Focus ETF Stock Down 0.5%

TBG opened at $37.54 on Friday. TBG Dividend Focus ETF has a twelve month low of $32.21 and a twelve month high of $38.12. The company has a fifty day moving average of $36.93 and a 200-day moving average of $35.89. The stock has a market cap of $252.27 million, a PE ratio of 17.05 and a beta of 0.58.

About TBG Dividend Focus ETF

The TBG Dividend Focus ETF (TBG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US companies selected using fundamental analysis. The fund seeks to provide income and long-term capital appreciation TBG was launched on Nov 6, 2023 and is issued by EA Series Trust.