The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) Stock Short Interest Declines 96.9%

The Brinsmere Fund Growth ETF (NYSEARCA:TBFG) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 121 shares, a drop of 96.9% from the September 15th total of 3,949 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 493 shares, the short-interest ratio is currently 0.2 days.

Brinsmere Fund Growth ETF Stock Up 0.4%

Shares of TBFG traded up $0.14 during mid-day trading on Friday, reaching $32.70. The company had a trading volume of 501 shares, compared to its average volume of 6,289. Brinsmere Fund Growth ETF has a 52-week low of $29.12 and a 52-week high of $33.37. The stock has a market capitalization of $386.19 million, a P/E ratio of 19.82 and a beta of 0.68. The stock has a 50 day moving average of $32.91 and a two-hundred day moving average of $32.26.

Brinsmere Fund Growth ETF Announces Dividend

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

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.