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

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

Brinsmere Fund Growth ETF Stock Up 0.2%

Shares of TBFG stock traded up $0.06 on Monday, reaching $32.40. The stock had a trading volume of 13 shares, compared to its average volume of 10,053. Brinsmere Fund Growth ETF has a 12 month low of $26.78 and a 12 month high of $32.40. The firm has a market capitalization of $385.56 million, a price-to-earnings ratio of 19.82 and a beta of 0.68. The firm’s 50-day moving average is $30.76 and its two-hundred day moving average is $30.52.

About Brinsmere Fund Growth ETF

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.