Touchstone Ultra Short Income ETF (BATS:TUSI) Short Interest Up 89.7% in May

Touchstone Ultra Short Income ETF (BATS:TUSI) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 43,642 shares, an increase of 89.7% from the April 30th total of 23,002 shares. Based on an average daily volume of 160,666 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the company’s shares are short sold.

Touchstone Ultra Short Income ETF Stock Up 0.1%

Shares of TUSI traded up $0.02 during trading hours on Wednesday, reaching $25.32. 45,688 shares of the company traded hands, compared to its average volume of 198,513. The stock’s fifty day moving average price is $25.35 and its 200 day moving average price is $25.37. Touchstone Ultra Short Income ETF has a 12-month low of $25.23 and a 12-month high of $25.55.

Institutional Trading of Touchstone Ultra Short Income ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Allen Capital Group LLC purchased a new position in Touchstone Ultra Short Income ETF during the 1st quarter worth $12,149,000. LPL Financial LLC raised its holdings in shares of Touchstone Ultra Short Income ETF by 80.8% in the fourth quarter. LPL Financial LLC now owns 1,063,342 shares of the company’s stock valued at $26,940,000 after acquiring an additional 475,275 shares in the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Touchstone Ultra Short Income ETF by 98.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 804,791 shares of the company’s stock worth $20,389,000 after acquiring an additional 399,892 shares during the period. Raymond James Financial Inc. grew its holdings in Touchstone Ultra Short Income ETF by 242.2% during the 3rd quarter. Raymond James Financial Inc. now owns 548,671 shares of the company’s stock worth $13,914,000 after acquiring an additional 388,336 shares in the last quarter. Finally, Teucrium Investment Advisors LLC bought a new position in Touchstone Ultra Short Income ETF during the 4th quarter worth about $8,041,000.

Touchstone Ultra Short Income ETF Company Profile

The Touchstone Ultra Short Income ETF (TUSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to select a broad portfolio of attractively priced fixed income securities of ultra-short term maturities and varied credit ratings. TUSI was launched on Aug 4, 2022 and is managed by Touchstone.