Short Interest in The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Rises By 475.2%

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,630 shares, a growth of 475.2% from the May 31st total of 805 shares. Based on an average trading volume of 2,162 shares, the short-interest ratio is currently 2.1 days. Approximately 0.0% of the shares of the stock are sold short.

Brinsmere Fund Conservative ETF Stock Performance

NYSEARCA:TBFC traded down $0.02 during trading hours on Friday, hitting $29.27. The company’s stock had a trading volume of 540 shares, compared to its average volume of 4,546. Brinsmere Fund Conservative ETF has a 52-week low of $26.88 and a 52-week high of $29.79. The business’s 50-day moving average is $29.32 and its two-hundred day moving average is $28.86. The company has a market capitalization of $358.26 million, a PE ratio of 18.75 and a beta of 0.43.

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.