TBG Dividend Focus ETF (NYSEARCA:TBG) Short Interest Update

TBG Dividend Focus ETF (NYSEARCA:TBG) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 17,186 shares, a decrease of 27.1% from the December 15th total of 23,576 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 29,525 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 29,525 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

TBG Dividend Focus ETF Price Performance

TBG Dividend Focus ETF stock traded up $0.11 during mid-day trading on Monday, reaching $34.72. 14,202 shares of the stock traded hands, compared to its average volume of 29,046. TBG Dividend Focus ETF has a 12-month low of $28.32 and a 12-month high of $34.77. The business’s 50-day moving average is $33.63 and its 200-day moving average is $33.26. The stock has a market capitalization of $210.06 million, a PE ratio of 17.05 and a beta of 0.73.

Institutional Trading of TBG Dividend Focus ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Osaic Holdings Inc. purchased a new position in shares of TBG Dividend Focus ETF during the 2nd quarter worth $54,000. CWM LLC bought a new position in TBG Dividend Focus ETF in the 3rd quarter worth $151,000. Geneos Wealth Management Inc. lifted its position in TBG Dividend Focus ETF by 3,032.3% during the third quarter. Geneos Wealth Management Inc. now owns 4,855 shares of the company’s stock valued at $161,000 after purchasing an additional 4,700 shares in the last quarter. Keel Point LLC bought a new stake in TBG Dividend Focus ETF during the third quarter valued at about $208,000. Finally, Jane Street Group LLC purchased a new stake in TBG Dividend Focus ETF in the first quarter worth about $239,000.

TBG Dividend Focus ETF Company Profile

The TBG Dividend Focus ETF (TBG) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed portfolio of dividend-paying US companies selected using fundamental analysis. The fund seeks to provide income and long-term capital appreciation TBG was launched on Nov 6, 2023 and is issued by EA Series Trust.