TBG Dividend Focus ETF (NYSEARCA:TBG) Short Interest Update

TBG Dividend Focus ETF (NYSEARCA:TBG) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 28,549 shares, a growth of 28.4% from the March 31st total of 22,233 shares. Based on an average daily trading volume, of 30,946 shares, the short-interest ratio is presently 0.9 days. Approximately 0.4% of the company’s shares are sold short.

Hedge Funds Weigh In On TBG Dividend Focus ETF

A number of institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada bought a new stake in TBG Dividend Focus ETF during the 4th quarter valued at approximately $25,000. Osaic Holdings Inc. purchased a new stake in TBG Dividend Focus ETF in the second quarter worth $54,000. CWM LLC bought a new position in TBG Dividend Focus ETF in the third quarter worth $151,000. Geneos Wealth Management Inc. grew its position in shares of TBG Dividend Focus ETF by 3,032.3% in the 3rd quarter. Geneos Wealth Management Inc. now owns 4,855 shares of the company’s stock worth $161,000 after buying an additional 4,700 shares during the period. Finally, Keel Point LLC bought a new position in shares of TBG Dividend Focus ETF in the 3rd quarter worth about $208,000.

TBG Dividend Focus ETF Stock Performance

TBG stock traded up $0.02 on Friday, reaching $36.16. The company’s stock had a trading volume of 21,026 shares, compared to its average volume of 30,464. The firm has a market cap of $228.17 million, a PE ratio of 17.05 and a beta of 0.69. The business has a fifty day simple moving average of $35.51 and a two-hundred day simple moving average of $34.52. TBG Dividend Focus ETF has a 12-month low of $30.50 and a 12-month high of $36.97.

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.