Touchstone US Large Cap Focused ETF (BATS:LCF) Sees Significant Growth in Short Interest

Touchstone US Large Cap Focused ETF (BATS:LCF) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 4,335 shares, a growth of 395.4% from the October 15th total of 875 shares. Based on an average daily volume of 912 shares, the days-to-cover ratio is currently 4.8 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On Touchstone US Large Cap Focused ETF

A number of institutional investors have recently bought and sold shares of LCF. International Assets Investment Management LLC increased its stake in Touchstone US Large Cap Focused ETF by 8.5% in the 3rd quarter. International Assets Investment Management LLC now owns 3,038 shares of the company’s stock worth $139,000 after buying an additional 238 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Touchstone US Large Cap Focused ETF in the third quarter valued at about $201,000. Janney Montgomery Scott LLC lifted its position in shares of Touchstone US Large Cap Focused ETF by 1.5% in the first quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock valued at $824,000 after acquiring an additional 305 shares in the last quarter. Finally, Moody National Bank Trust Division boosted its stake in shares of Touchstone US Large Cap Focused ETF by 9.2% in the second quarter. Moody National Bank Trust Division now owns 37,603 shares of the company’s stock worth $1,624,000 after acquiring an additional 3,160 shares during the period.

Touchstone US Large Cap Focused ETF Price Performance

Shares of BATS LCF opened at $45.39 on Wednesday. The stock has a market cap of $68.08 million, a PE ratio of 22.50 and a beta of 0.95. Touchstone US Large Cap Focused ETF has a 1 year low of $37.99 and a 1 year high of $47.03. The firm has a fifty day moving average price of $46.03 and a 200-day moving average price of $43.80.

About Touchstone US Large Cap Focused ETF

The Touchstone US Large Cap Focused ETF (LCF) is an exchange-traded fund that mostly invests in large cap equity. The fund is a concentrated portfolio of US-listed large-cap stocks selected based on high conviction that the businesses have a sustainable competitive advantage or have a high barrier to entry in place. LCF was launched on Jul 27, 2022 and is managed by Touchstone.