The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Short Interest Down 77.2% in May

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 805 shares, a decrease of 77.2% from the May 14th total of 3,537 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,660 shares, the short-interest ratio is presently 0.5 days.

Brinsmere Fund Conservative ETF Trading Up 0.2%

TBFC traded up $0.05 on Friday, reaching $29.49. The company had a trading volume of 6,457 shares, compared to its average volume of 4,755. The company has a fifty day moving average of $29.13 and a 200-day moving average of $28.78. The company has a market capitalization of $360.96 million, a P/E ratio of 18.75 and a beta of 0.43. Brinsmere Fund Conservative ETF has a one year low of $26.61 and a one year high of $29.79.

About Brinsmere Fund Conservative ETF

The Brinsmere Fund Conservative ETF (TBFC) is an exchange-traded fund that mostly invests in target risk 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 conservative portfolio. TBFC was launched on Jan 12, 2024 and is issued by The Brinsmere Funds.