Touchstone Securitized Income ETF (NYSEARCA:TSEC) Shares Shorted: Short Interest Up 82.0% in September

Touchstone Securitized Income ETF (NYSEARCA:TSEC) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 47,501 shares, a growth of 82.0% from the September 15th total of 26,097 shares. Based on an average daily volume of 56,940 shares, the short-interest ratio is presently 0.8 days. Approximately 0.7% of the shares of the stock are sold short.

Touchstone Securitized Income ETF Price Performance

NYSEARCA:TSEC traded up $0.01 on Friday, reaching $25.16. The stock had a trading volume of 4,604 shares, compared to its average volume of 27,395. The firm’s fifty day moving average is $25.38 and its two-hundred day moving average is $25.63. Touchstone Securitized Income ETF has a 12-month low of $24.89 and a 12-month high of $26.47.

Touchstone Securitized Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a dividend of $0.1673 per share. This represents a $2.01 annualized dividend and a dividend yield of 8.0%. The ex-dividend date was Tuesday, September 29th. This is a positive change from Touchstone Securitized Income ETF’s previous monthly dividend of $0.1439.

Hedge Funds Weigh In On Touchstone Securitized Income ETF

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

Touchstone Securitized Income ETF Company Profile

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.