Touchstone Ultra Short Income ETF (BATS:TUSI) Shares Shorted: Short Interest Up 81.0% in September

Touchstone Ultra Short Income ETF (BATS:TUSI) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 121,860 shares, an increase of 81.0% from the September 15th total of 67,315 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average trading volume of 338,924 shares, the short-interest ratio is currently 0.4 days.

Touchstone Ultra Short Income ETF Trading Down 0.0%

TUSI opened at $25.26 on Friday. Touchstone Ultra Short Income ETF has a fifty-two week low of $25.19 and a fifty-two week high of $25.50. The firm’s fifty day moving average price is $25.30 and its two-hundred day moving average price is $25.32.

Touchstone Ultra Short Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were paid a $0.0972 dividend. The ex-dividend date was Tuesday, September 29th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.6%. This is a positive change from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.0865.

Hedge Funds Weigh In On Touchstone Ultra Short Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in TUSI. Fort Washington Investment Advisors Inc. OH boosted its position in shares of Touchstone Ultra Short Income ETF by 32.9% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 3,406,996 shares of the company’s stock valued at $85,924,000 after acquiring an additional 844,096 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in Touchstone Ultra Short Income ETF by 216.2% in the second quarter. Integrated Wealth Concepts LLC now owns 992,948 shares of the company’s stock valued at $25,082,000 after acquiring an additional 678,915 shares during the period. Allen Capital Group LLC bought a new stake in Touchstone Ultra Short Income ETF in the first quarter valued at about $12,149,000. Private Advisor Group LLC raised its position in Touchstone Ultra Short Income ETF by 25.8% in the first quarter. Private Advisor Group LLC now owns 296,812 shares of the company’s stock worth $7,515,000 after purchasing an additional 60,909 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in Touchstone Ultra Short Income ETF by 10.8% in the first quarter. Janney Montgomery Scott LLC now owns 280,016 shares of the company’s stock worth $7,090,000 after purchasing an additional 27,378 shares in the last quarter.

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.