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

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

Hedge Funds Weigh In On Touchstone Securitized Income ETF

A number of hedge funds have recently modified their holdings of the business. Retirement Planning Group LLC lifted its holdings in Touchstone Securitized Income ETF by 12.1% during the 4th quarter. Retirement Planning Group LLC now owns 78,440 shares of the company’s stock worth $2,053,000 after buying an additional 8,449 shares during the period. Atlas Wealth LLC acquired a new stake in Touchstone Securitized Income ETF during the 4th quarter valued at approximately $286,000. JPMorgan Chase & Co. raised its holdings in 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 purchasing an additional 11,566 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in Touchstone Securitized Income ETF during the 1st quarter worth approximately $412,000. Finally, Fort Washington Investment Advisors Inc. OH lifted its position in shares of Touchstone Securitized Income ETF by 0.6% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 3,900,413 shares of the company’s stock worth $100,592,000 after purchasing an additional 25,000 shares during the period.

Touchstone Securitized Income ETF Stock Performance

Shares of Touchstone Securitized Income ETF stock traded down $0.01 on Tuesday, hitting $25.63. The stock had a trading volume of 1,637 shares, compared to its average volume of 23,963. The stock has a 50 day moving average of $25.76 and a 200 day moving average of $25.95. Touchstone Securitized Income ETF has a twelve month low of $25.58 and a twelve month high of $26.48.

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.