Touchstone Ultra Short Income ETF (BATS:TUSI) Sees Large Decrease in Short Interest

Touchstone Ultra Short Income ETF (BATS:TUSI) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 24,406 shares, a decrease of 81.5% from the July 15th total of 132,015 shares. Based on an average daily volume of 239,638 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.4% of the shares of the stock are short sold.

Institutional Trading of Touchstone Ultra Short Income ETF

Several large investors have recently added to or reduced their stakes in TUSI. Allen Capital Group LLC acquired a new stake in shares of Touchstone Ultra Short Income ETF during the first quarter worth approximately $12,149,000. LPL Financial LLC boosted its holdings in shares of Touchstone Ultra Short Income ETF by 80.8% in the 4th quarter. LPL Financial LLC now owns 1,063,342 shares of the company’s stock worth $26,940,000 after acquiring an additional 475,275 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of Touchstone Ultra Short Income ETF by 98.8% in the 4th 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 in the last quarter. Raymond James Financial Inc. grew its position 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 during the last quarter. Finally, Teucrium Investment Advisors LLC bought a new stake in Touchstone Ultra Short Income ETF during the 4th quarter worth approximately $8,041,000.

Touchstone Ultra Short Income ETF Stock Performance

Shares of Touchstone Ultra Short Income ETF stock opened at $25.32 on Friday. The company has a 50-day simple moving average of $25.32 and a 200 day simple moving average of $25.35. Touchstone Ultra Short Income ETF has a 12-month low of $25.23 and a 12-month high of $25.55.

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.