Short Interest in Touchstone Dividend Select ETF (NYSEARCA:DVND) Grows By 76.3%

Touchstone Dividend Select ETF (NYSEARCA:DVND) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 3,197 shares, a growth of 76.3% from the May 31st total of 1,813 shares. Based on an average trading volume of 919 shares, the days-to-cover ratio is currently 3.5 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Trading of Touchstone Dividend Select ETF

An institutional investor recently raised its stake in Touchstone Dividend Select ETF stock. Fort Washington Investment Advisors Inc. OH boosted its holdings in Touchstone Dividend Select ETF (NYSEARCA:DVND) by 0.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,025,290 shares of the company’s stock after buying an additional 8,621 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 94.93% of Touchstone Dividend Select ETF worth $36,061,000 as of its most recent SEC filing.

Touchstone Dividend Select ETF Price Performance

Shares of DVND opened at $38.53 on Friday. The firm’s 50 day moving average is $38.03 and its 200-day moving average is $36.90. The stock has a market capitalization of $53.17 million, a P/E ratio of 20.47 and a beta of 0.82. Touchstone Dividend Select ETF has a 12-month low of $32.89 and a 12-month high of $38.96.

About Touchstone Dividend Select ETF

The Touchstone Dividend Select ETF (DVND) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks current income and capital appreciation by actively selecting US large-cap companies with sustainable competitive advantages that pay reliable, growing dividends at reasonable valuations. DVND was launched on Aug 2, 2022 and is managed by Touchstone.