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

Touchstone Securitized Income ETF (NYSEARCA:TSEC) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 11,655 shares, a decline of 50.6% from the June 30th total of 23,606 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 77,718 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Touchstone Securitized Income ETF

Several institutional investors have recently added to or reduced their stakes in the company. Atlas Wealth LLC bought a new position in shares of Touchstone Securitized Income ETF during the fourth quarter valued at approximately $286,000. JPMorgan Chase & Co. lifted its stake in shares of Touchstone Securitized Income ETF by 604.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 13,480 shares of the company’s stock worth $352,000 after acquiring an additional 11,566 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new position in Touchstone Securitized Income ETF during the 1st quarter valued at $412,000. Jane Street Group LLC boosted its holdings in Touchstone Securitized Income ETF by 181.7% during 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. Finally, Retirement Planning Group LLC grew 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 last quarter.

Touchstone Securitized Income ETF Trading Down 0.6%

TSEC stock traded down $0.15 during mid-day trading on Thursday, reaching $25.50. 13,307 shares of the stock traded hands, compared to its average volume of 23,926. Touchstone Securitized Income ETF has a one year low of $25.48 and a one year high of $26.48. The business has a 50-day moving average price of $25.76 and a two-hundred day moving average price of $25.94.

About Touchstone Securitized Income ETF

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.