Touchstone US Large Cap Focused ETF (BATS:LCF) Short Interest Down 41.2% in April

Touchstone US Large Cap Focused ETF (BATS:LCF) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 240 shares, a decline of 41.2% from the April 15th total of 408 shares. Based on an average trading volume of 3,961 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of Touchstone US Large Cap Focused ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC increased its position in shares of Touchstone US Large Cap Focused ETF by 14.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 200,706 shares of the company’s stock worth $8,485,000 after acquiring an additional 25,840 shares during the last quarter. Moody National Bank Trust Division increased its position in shares of Touchstone US Large Cap Focused ETF by 9.8% during the fourth quarter. Moody National Bank Trust Division now owns 29,129 shares of the company’s stock worth $1,231,000 after acquiring an additional 2,588 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Touchstone US Large Cap Focused ETF by 1.5% during the first quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock worth $824,000 after acquiring an additional 305 shares during the last quarter.

Touchstone US Large Cap Focused ETF Stock Performance

Shares of BATS LCF opened at $44.15 on Friday. Touchstone US Large Cap Focused ETF has a 1 year low of $35.69 and a 1 year high of $44.58. The firm has a market cap of $55.19 million, a price-to-earnings ratio of 25.10 and a beta of 0.95. The stock’s 50-day simple moving average is $41.44 and its 200-day simple moving average is $41.87.

About Touchstone US Large Cap Focused ETF

The Touchstone US Large Cap Focused ETF (LCF) is an exchange-traded fund that mostly invests in large cap equity. The fund is a concentrated portfolio of US-listed large-cap stocks selected based on high conviction that the businesses have a sustainable competitive advantage or have a high barrier to entry in place. LCF was launched on Jul 27, 2022 and is managed by Touchstone.