Touchstone Ultra Short Income ETF (BATS:TUSI) Sees Large Growth in Short Interest

Touchstone Ultra Short Income ETF (BATS:TUSI) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 58,683 shares, an increase of 140.4% from the July 30th total of 24,406 shares. Based on an average trading volume of 391,693 shares, the short-interest ratio is presently 0.1 days. Currently, 0.9% of the company’s shares are short sold.

Institutional Trading of Touchstone Ultra Short Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of TUSI. Stifel Financial Corp lifted its position in Touchstone Ultra Short Income ETF by 0.7% in the fourth quarter. Stifel Financial Corp now owns 114,006 shares of the company’s stock worth $2,888,000 after buying an additional 819 shares during the last quarter. Sanctuary Advisors LLC increased its position in Touchstone Ultra Short Income ETF by 14.2% during the fourth quarter. Sanctuary Advisors LLC now owns 9,650 shares of the company’s stock valued at $244,000 after acquiring an additional 1,200 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Touchstone Ultra Short Income ETF by 4.1% in the first quarter. NewEdge Advisors LLC now owns 83,927 shares of the company’s stock valued at $2,125,000 after acquiring an additional 3,293 shares during the period. Mission Creek Capital Partners Inc. raised its stake in shares of Touchstone Ultra Short Income ETF by 6.0% in the fourth quarter. Mission Creek Capital Partners Inc. now owns 64,141 shares of the company’s stock valued at $1,625,000 after acquiring an additional 3,603 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Touchstone Ultra Short Income ETF by 22.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 36,960 shares of the company’s stock worth $936,000 after acquiring an additional 6,816 shares during the last quarter.

Touchstone Ultra Short Income ETF Price Performance

Shares of BATS TUSI opened at $25.39 on Friday. The business’s 50 day moving average is $25.33 and its two-hundred day moving average is $25.35. Touchstone Ultra Short Income ETF has a 1-year low of $25.23 and a 1-year high of $25.55.

About Touchstone Ultra Short Income ETF

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.