Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Short Interest Update

by · The Cerbat Gem

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO – Get Free Report) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,703 shares, a decrease of 79.3% from the August 31st total of 22,746 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 33,989 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fort Washington Investment Advisors Inc. OH boosted its position in shares of Touchstone Strategic Income Opportunities ETF by 0.5% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 5,712,970 shares of the company’s stock valued at $146,423,000 after purchasing an additional 25,613 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Touchstone Strategic Income Opportunities ETF by 16.3% in the first quarter. Janney Montgomery Scott LLC now owns 361,625 shares of the company’s stock valued at $9,268,000 after buying an additional 50,581 shares during the period. Envestnet Asset Management Inc. lifted its stake in Touchstone Strategic Income Opportunities ETF by 1,582.9% in the second quarter. Envestnet Asset Management Inc. now owns 278,546 shares of the company’s stock valued at $7,153,000 after buying an additional 261,994 shares during the period. FFG Retirement Advisors LLC boosted its holdings in shares of Touchstone Strategic Income Opportunities ETF by 4.5% during the 2nd quarter. FFG Retirement Advisors LLC now owns 208,811 shares of the company’s stock worth $5,362,000 after buying an additional 8,932 shares in the last quarter. Finally, Baer Investment Advisory LLC bought a new position in shares of Touchstone Strategic Income Opportunities ETF during the 1st quarter worth approximately $1,795,000.

Touchstone Strategic Income Opportunities ETF Stock Down 0.1%

Touchstone Strategic Income Opportunities ETF stock traded down $0.03 during mid-day trading on Friday, hitting $24.81. 12,919 shares of the stock were exchanged, compared to its average volume of 31,821. The stock has a market capitalization of $291.02 million, a price-to-earnings ratio of 18.97 and a beta of 0.28. Touchstone Strategic Income Opportunities ETF has a 12 month low of $24.75 and a 12 month high of $27.38. The firm’s fifty day simple moving average is $25.29 and its two-hundred day simple moving average is $25.57.

Touchstone Strategic Income Opportunities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Thursday, July 30th were issued a $0.1206 dividend. The ex-dividend date was Thursday, July 30th. This is a positive change from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.1159. This represents a $1.45 annualized dividend and a yield of 5.8%.

Touchstone Strategic Income Opportunities ETF Company Profile

(Get Free Report)

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process. SIO was launched on Jul 21, 2022 and is managed by Touchstone.

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