Touchstone Securitized Income ETF (NYSEARCA:TSEC) Sees Significant Growth in Short Interest

Touchstone Securitized Income ETF (NYSEARCA:TSEC) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 66,964 shares, an increase of 2,625.4% from the April 30th total of 2,457 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily volume of 24,235 shares, the short-interest ratio is presently 2.8 days.

Touchstone Securitized Income ETF Price Performance

Shares of NYSEARCA:TSEC opened at $25.86 on Thursday. The firm has a 50 day simple moving average of $25.85 and a 200 day simple moving average of $26.09. Touchstone Securitized Income ETF has a one year low of $25.61 and a one year high of $26.48.

Hedge Funds Weigh In On Touchstone Securitized Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in TSEC. JPMorgan Chase & Co. increased its position in Touchstone Securitized Income ETF by 604.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,480 shares of the company’s stock valued at $352,000 after acquiring an additional 11,566 shares during the period. Jane Street Group LLC increased its position in Touchstone Securitized Income ETF by 181.7% in the 2nd quarter. Jane Street Group LLC now owns 73,966 shares of the company’s stock valued at $1,933,000 after acquiring an additional 47,707 shares during the period. Winebrenner Capital Management LLC increased its position in Touchstone Securitized Income ETF by 52.8% in the 4th quarter. Winebrenner Capital Management LLC now owns 55,294 shares of the company’s stock valued at $1,447,000 after acquiring an additional 19,100 shares during the period. Retirement Planning Group LLC increased its position in Touchstone Securitized Income ETF by 12.1% in the 4th quarter. Retirement Planning Group LLC now owns 78,440 shares of the company’s stock valued at $2,053,000 after acquiring an additional 8,449 shares during the period. Finally, Atlas Wealth LLC acquired a new position in Touchstone Securitized Income ETF in the 4th quarter valued at approximately $286,000.

Touchstone Securitized Income ETF Company Profile

The Touchstone Securitized Income ETF (TSEC) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively managed, broad portfolio of securitized fixed income securities. The fund may tilt towards short-term, investment grade paper but the portfolio managers are not held to those requirements. TSEC was launched on Jul 17, 2023 and is issued by Touchstone.