Short Interest in The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Expands By 199.2%

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 4,898 shares, a growth of 199.2% from the July 15th total of 1,637 shares. Based on an average trading volume of 821 shares, the days-to-cover ratio is currently 6.0 days. Currently, 0.0% of the company’s stock are sold short.

Brinsmere Fund Conservative ETF Stock Down 0.0%

Shares of TBFC traded down $0.01 during mid-day trading on Friday, reaching $29.66. 308 shares of the stock traded hands, compared to its average volume of 3,821. The stock has a fifty day simple moving average of $29.34 and a 200 day simple moving average of $29.04. Brinsmere Fund Conservative ETF has a 12-month low of $27.30 and a 12-month high of $29.79. The firm has a market cap of $363.63 million, a price-to-earnings 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.