The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Stock Short Interest Report for October

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 349 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 499 shares, the days-to-cover ratio is presently 0.7 days.

Brinsmere Fund Conservative ETF Stock Performance

Brinsmere Fund Conservative ETF stock traded down $0.25 during midday trading on Friday, hitting $28.56. 1,394 shares of the company’s stock were exchanged, compared to its average volume of 3,534. Brinsmere Fund Conservative ETF has a 52-week low of $27.64 and a 52-week high of $29.79. The company has a market cap of $353.57 million, a P/E ratio of 18.75 and a beta of 0.45. The stock has a 50-day moving average price of $29.05 and a two-hundred day moving average price of $29.04.

Brinsmere Fund Conservative ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Thursday, September 24th were given a $0.2097 dividend. The ex-dividend date was Thursday, September 24th. This is an increase from Brinsmere Fund Conservative ETF’s previous quarterly dividend of $0.1758. This represents a $0.84 annualized dividend and a yield of 2.9%.

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.