The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Short Interest Update

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 8,090 shares, a growth of 65.2% from the July 30th total of 4,898 shares. Based on an average daily trading volume, of 1,266 shares, the short-interest ratio is presently 6.4 days. Approximately 0.1% of the shares of the stock are sold short.

Brinsmere Fund Conservative ETF Stock Performance

NYSEARCA:TBFC traded down $0.03 during mid-day trading on Monday, hitting $29.45. 272 shares of the company’s stock traded hands, compared to its average volume of 3,622. The firm’s 50 day simple moving average is $29.34 and its 200 day simple moving average is $29.09. Brinsmere Fund Conservative ETF has a 1 year low of $27.46 and a 1 year high of $29.79. The company has a market cap of $361.06 million, a PE ratio of 18.75 and a beta of 0.44.

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.