Touchstone Dynamic International ETF (NASDAQ:TDI) Sees Significant Increase in Short Interest

Touchstone Dynamic International ETF (NASDAQ:TDI) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 77,669 shares, a growth of 312.4% from the April 30th total of 18,834 shares. Based on an average daily volume of 92,215 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.4% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Royal Bank of Canada bought a new position in shares of Touchstone Dynamic International ETF during the first quarter worth approximately $32,000. Private Advisor Group LLC increased its holdings in shares of Touchstone Dynamic International ETF by 13.9% during the third quarter. Private Advisor Group LLC now owns 8,584 shares of the company’s stock worth $320,000 after purchasing an additional 1,047 shares during the period. Cornerstone Wealth Management LLC increased its holdings in shares of Touchstone Dynamic International ETF by 26.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 9,450 shares of the company’s stock worth $366,000 after purchasing an additional 1,950 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in shares of Touchstone Dynamic International ETF by 23.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 16,785 shares of the company’s stock worth $649,000 after purchasing an additional 3,156 shares during the period. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Touchstone Dynamic International ETF during the first quarter worth approximately $299,000.

Touchstone Dynamic International ETF Trading Up 0.6%

Shares of TDI opened at $46.07 on Friday. Touchstone Dynamic International ETF has a 12 month low of $32.35 and a 12 month high of $46.20. The firm’s 50 day moving average is $43.49 and its 200-day moving average is $41.57. The stock has a market capitalization of $262.60 million, a PE ratio of 15.15 and a beta of 0.61.

About Touchstone Dynamic International ETF

The Touchstone Dynamic International ETF (TDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in non-US companies from around the globe selected using a proprietary quantitative model. TDI was launched on Dec 8, 2023 and is issued by Touchstone.