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

Touchstone Dynamic International ETF (NASDAQ:TDI) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 26,556 shares, a decline of 65.8% from the May 14th total of 77,669 shares. Based on an average daily volume of 89,073 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.5% of the company’s shares are short sold.

Touchstone Dynamic International ETF Trading Up 0.4%

TDI stock traded up $0.16 during midday trading on Friday, hitting $45.30. The company had a trading volume of 49,698 shares, compared to its average volume of 76,467. Touchstone Dynamic International ETF has a 52 week low of $32.84 and a 52 week high of $46.59. The stock’s 50 day moving average price is $44.38 and its 200 day moving average price is $42.09. The stock has a market cap of $258.21 million, a price-to-earnings ratio of 15.15 and a beta of 0.61.

Hedge Funds Weigh In On Touchstone Dynamic International ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in TDI. Private Advisor Group LLC raised 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 valued at $320,000 after acquiring an additional 1,047 shares in the last quarter. Cornerstone Wealth Management LLC raised 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 valued at $366,000 after acquiring an additional 1,950 shares in the last quarter. RPS Advisory Solutions LLC raised its holdings in shares of Touchstone Dynamic International ETF by 110.0% during the fourth quarter. RPS Advisory Solutions LLC now owns 84,536 shares of the company’s stock valued at $3,270,000 after acquiring an additional 44,279 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Touchstone Dynamic International ETF by 27.2% during the fourth quarter. LPL Financial LLC now owns 55,683 shares of the company’s stock valued at $2,154,000 after acquiring an additional 11,915 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC raised 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 valued at $649,000 after acquiring an additional 3,156 shares in the last quarter.

Touchstone Dynamic International ETF Company Profile

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.