Touchstone Securitized Income ETF (NYSEARCA:TSEC) Stock Short Interest Rises 337.2%

by · The Markets Daily

Touchstone Securitized Income ETF (NYSEARCA:TSEC – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 26,097 shares, a growth of 337.2% from the August 31st total of 5,969 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,813 shares, the short-interest ratio is currently 1.4 days.

Touchstone Securitized Income ETF Price Performance

NYSEARCA TSEC traded up $0.01 during trading on Friday, reaching $25.27. The company’s stock had a trading volume of 110,219 shares, compared to its average volume of 25,487. The firm has a fifty day moving average of $25.53 and a 200 day moving average of $25.73. Touchstone Securitized Income ETF has a one year low of $25.16 and a one year high of $26.47.

Touchstone Securitized Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Thursday, July 30th were paid a $0.1638 dividend. This is an increase from Touchstone Securitized Income ETF’s previous monthly dividend of $0.1569. This represents a $1.97 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend was Thursday, July 30th.

Hedge Funds Weigh In On Touchstone Securitized Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Touchstone Securitized Income ETF by 0.6% during 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 acquiring an additional 25,000 shares during the last quarter. Retirement Planning Group LLC raised its position in Touchstone Securitized Income ETF by 367.3% during the first quarter. Retirement Planning Group LLC now owns 366,584 shares of the company’s stock valued at $9,454,000 after purchasing an additional 288,144 shares in the last quarter. Citadel Advisors LLC lifted its stake in Touchstone Securitized Income ETF by 248.5% during the second quarter. Citadel Advisors LLC now owns 34,325 shares of the company’s stock worth $886,000 after purchasing an additional 24,475 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of Touchstone Securitized Income ETF in the 1st quarter worth about $412,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Touchstone Securitized Income ETF in the 2nd quarter worth about $26,000.

Touchstone Securitized Income ETF Company Profile

(Get Free Report)

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.

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