The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Short Interest Up 353,600.0% in May

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,537 shares, an increase of 353,600.0% from the April 30th total of 1 shares. Based on an average trading volume of 5,693 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the shares of the stock are sold short.

Brinsmere Fund Conservative ETF Price Performance

Brinsmere Fund Conservative ETF stock traded down $0.03 during mid-day trading on Wednesday, reaching $29.55. 369 shares of the company were exchanged, compared to its average volume of 5,078. The company has a fifty day simple moving average of $28.75 and a 200-day simple moving average of $28.66. Brinsmere Fund Conservative ETF has a 12 month low of $26.31 and a 12 month high of $29.58. The firm has a market cap of $361.69 million, a PE ratio of 18.75 and a beta of 0.44.

Brinsmere Fund Conservative ETF Company Profile

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.