Short Interest in Touchstone Ultra Short Income ETF (BATS:TUSI) Decreases By 81.5%

Touchstone Ultra Short Income ETF (BATS:TUSI) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 24,406 shares, a decline of 81.5% from the July 15th total of 132,015 shares. Based on an average daily trading volume, of 239,638 shares, the short-interest ratio is currently 0.1 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Trading of Touchstone Ultra Short Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC purchased a new position in Touchstone Ultra Short Income ETF in the fourth quarter valued at about $205,000. Kestra Advisory Services LLC acquired a new stake in Touchstone Ultra Short Income ETF during the 4th quarter valued at approximately $241,000. Sanctuary Advisors LLC increased its holdings in Touchstone Ultra Short Income ETF by 14.2% during the 4th quarter. Sanctuary Advisors LLC now owns 9,650 shares of the company’s stock worth $244,000 after purchasing an additional 1,200 shares during the last quarter. Summit Financial Strategies Inc. purchased a new stake in Touchstone Ultra Short Income ETF during the 4th quarter worth approximately $288,000. Finally, Truist Financial Corp acquired a new position in shares of Touchstone Ultra Short Income ETF in the 4th quarter valued at approximately $288,000.

Touchstone Ultra Short Income ETF Trading Down 0.0%

Shares of TUSI stock opened at $25.32 on Thursday. Touchstone Ultra Short Income ETF has a 12 month low of $25.23 and a 12 month high of $25.55. The company’s fifty day moving average price is $25.32 and its two-hundred day moving average price is $25.35.

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.