The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Stock Short Interest Falls 72.6%

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 124 shares, a decline of 72.6% from the October 15th total of 452 shares. Based on an average daily trading volume, of 5,721 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Brinsmere Fund Growth ETF Price Performance

Brinsmere Fund Growth ETF stock traded down $0.06 during trading hours on Friday, hitting $31.93. 1,636 shares of the stock traded hands, compared to its average volume of 5,902. Brinsmere Fund Growth ETF has a 1 year low of $29.12 and a 1 year high of $33.37. The stock has a market capitalization of $377.09 million, a price-to-earnings ratio of 19.82 and a beta of 0.69. The firm’s 50 day moving average price is $32.45 and its 200-day moving average price is $32.00.

Brinsmere Fund Growth ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Thursday, September 24th were issued a $0.1446 dividend. This represents a $0.58 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Thursday, September 24th.

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.