Short Interest in The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) Rises By 700.0%

The Brinsmere Fund Conservative ETF (NYSEARCA:TBFC) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 800 shares, an increase of 700.0% from the September 15th total of 100 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 4.0 days. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 4.0 days.

Brinsmere Fund Conservative ETF Price Performance

Shares of TBFC stock opened at $28.20 on Friday. The stock has a market cap of $335.02 million, a P/E ratio of 18.75 and a beta of 0.48. Brinsmere Fund Conservative ETF has a one year low of $24.37 and a one year high of $28.21. The stock has a fifty day moving average price of $27.83 and a 200 day moving average price of $26.88.

Brinsmere Fund Conservative ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Tuesday, September 23rd were given a $0.1828 dividend. This represents a $0.73 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, September 23rd.

About Brinsmere Fund Conservative ETF

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.