The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Sees Significant Increase in Short Interest

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 8,000 shares, a growth of 10,710.8% from the April 15th total of 74 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 5,124 shares, the days-to-cover ratio is presently 1.6 days.

Brinsmere Fund Growth ETF Price Performance

Shares of Brinsmere Fund Growth ETF stock traded up $0.06 during trading on Monday, hitting $32.40. 13 shares of the company were exchanged, compared to its average volume of 10,053. The firm has a market capitalization of $385.56 million, a P/E ratio of 19.82 and a beta of 0.68. Brinsmere Fund Growth ETF has a 1-year low of $26.78 and a 1-year high of $32.40. The firm’s fifty day moving average price is $30.76 and its 200 day moving average price is $30.52.

Brinsmere Fund Growth ETF Company Profile

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.