Touchstone Ultra Short Income ETF (BATS:TUSI) Short Interest Up 89.7% in May

Touchstone Ultra Short Income ETF (BATS:TUSI) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 43,642 shares, a growth of 89.7% from the April 30th total of 23,002 shares. Based on an average trading volume of 160,666 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.6% of the shares of the company are sold short.

Touchstone Ultra Short Income ETF Trading Down 0.1%

Shares of TUSI stock opened at $25.30 on Thursday. The stock has a 50 day moving average of $25.35 and a two-hundred day moving average of $25.37. Touchstone Ultra Short Income ETF has a 12 month low of $25.23 and a 12 month high of $25.55.

Institutional Trading of Touchstone Ultra Short Income ETF

A number of hedge funds have recently modified their holdings of the company. Allen Capital Group LLC bought a new position in shares of Touchstone Ultra Short Income ETF during the 1st quarter worth approximately $12,149,000. LPL Financial LLC lifted its position in shares of Touchstone Ultra Short Income ETF by 80.8% during the 4th quarter. LPL Financial LLC now owns 1,063,342 shares of the company’s stock worth $26,940,000 after buying an additional 475,275 shares during the period. Steward Partners Investment Advisory LLC lifted its position in shares of Touchstone Ultra Short Income ETF by 98.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 804,791 shares of the company’s stock worth $20,389,000 after buying an additional 399,892 shares during the period. Raymond James Financial Inc. lifted its position in shares of 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 buying an additional 388,336 shares during the period. Finally, Teucrium Investment Advisors LLC bought a new position in shares of Touchstone Ultra Short Income ETF during the 4th quarter worth approximately $8,041,000.

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.