Touchstone Sands Capital Select Growth ETF (NASDAQ:TSEL) Sees Large Decline in Short Interest

Touchstone Sands Capital Select Growth ETF (NASDAQ:TSEL) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 25 shares, a drop of 99.4% from the September 15th total of 3,897 shares. Based on an average trading volume of 4,407 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Touchstone Sands Capital Select Growth ETF Price Performance

TSEL traded up $0.30 during mid-day trading on Friday, hitting $29.95. The stock had a trading volume of 10,276 shares, compared to its average volume of 24,668. The stock’s fifty day simple moving average is $29.15 and its 200-day simple moving average is $28.32. The firm has a market capitalization of $83.26 million, a price-to-earnings ratio of 45.51 and a beta of 1.47. Touchstone Sands Capital Select Growth ETF has a 1-year low of $23.55 and a 1-year high of $31.06.

Institutional Trading of Touchstone Sands Capital Select Growth ETF

Several hedge funds have recently added to or reduced their stakes in TSEL. Tactive Advisors LLC raised its position in shares of Touchstone Sands Capital Select Growth ETF by 10.6% during the third quarter. Tactive Advisors LLC now owns 96,820 shares of the company’s stock worth $2,872,000 after purchasing an additional 9,293 shares during the period. Citadel Advisors LLC acquired a new position in shares of Touchstone Sands Capital Select Growth ETF in the 2nd quarter valued at approximately $505,000. A&I Financial Services LLC increased its stake in Touchstone Sands Capital Select Growth ETF by 2.3% during the 2nd quarter. A&I Financial Services LLC now owns 1,222,883 shares of the company’s stock worth $36,133,000 after purchasing an additional 27,197 shares in the last quarter. Finally, Puff Wealth Management LLC bought a new stake in Touchstone Sands Capital Select Growth ETF during the 2nd quarter worth approximately $1,097,000.

About Touchstone Sands Capital Select Growth ETF

The Touchstone Sands Capital US Select Growth ETF (TSEL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of large- and mid-cap US companies with above-average revenue or earnings growth potential. Positions integrate ESG considerations. TSEL was launched on Jan 2, 2025 and is issued by Touchstone.