The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Sees Significant Increase in Short Interest

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 11,776 shares, a growth of 125.9% from the August 15th total of 5,212 shares. Based on an average daily trading volume, of 1,369 shares, the short-interest ratio is currently 8.6 days. Currently, 0.1% of the company’s shares are sold short.

Brinsmere Fund Growth ETF Stock Performance

Shares of Brinsmere Fund Growth ETF stock opened at $32.92 on Monday. The stock’s fifty day simple moving average is $32.78 and its 200 day simple moving average is $31.99. The company has a market capitalization of $387.47 million, a PE ratio of 19.82 and a beta of 0.68. Brinsmere Fund Growth ETF has a 12 month low of $29.12 and a 12 month high of $33.37.

Brinsmere Fund Growth ETF Company Profile

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.