Touchstone Ultra Short Income ETF (BATS:TUSI) Stock Short Interest Report for October

Touchstone Ultra Short Income ETF (BATS:TUSI) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 24,831 shares, a decline of 90.0% from the October 15th total of 248,088 shares. Based on an average daily volume of 362,299 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Touchstone Ultra Short Income ETF Trading Down 0.0%

Shares of BATS:TUSI opened at $25.22 on Friday. Touchstone Ultra Short Income ETF has a 12 month low of $25.19 and a 12 month high of $25.50. The firm’s 50-day moving average is $25.28 and its 200 day moving average is $25.33.

Touchstone Ultra Short Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 29th were given a dividend of $0.0937 per share. This represents a $1.12 annualized dividend and a dividend yield of 4.5%. This is a drop from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.0972. The ex-dividend date was Thursday, October 29th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TUSI. Private Advisor Group LLC lifted its stake in shares of Touchstone Ultra Short Income ETF by 17.8% during the 3rd quarter. Private Advisor Group LLC now owns 351,445 shares of the company’s stock worth $8,863,000 after acquiring an additional 53,188 shares during the last quarter. Atlas Wealth LLC grew its position in Touchstone Ultra Short Income ETF by 37.7% in the 3rd quarter. Atlas Wealth LLC now owns 110,420 shares of the company’s stock valued at $2,785,000 after acquiring an additional 30,246 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in Touchstone Ultra Short Income ETF by 7.6% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 71,479 shares of the company’s stock valued at $1,803,000 after acquiring an additional 5,018 shares during the last quarter. Flynn Zito Capital Management LLC bought a new position in Touchstone Ultra Short Income ETF in the 3rd quarter valued at $258,000. Finally, Parkway Wealth Management Group LLC increased its stake in Touchstone Ultra Short Income ETF by 33.6% in the third quarter. Parkway Wealth Management Group LLC now owns 338,250 shares of the company’s stock worth $8,531,000 after purchasing an additional 85,051 shares during the period.

Touchstone Ultra Short Income ETF Company Profile

The Touchstone Ultra Short Income ETF (TUSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to select a broad portfolio of attractively priced fixed income securities of ultra-short term maturities and varied credit ratings. TUSI was launched on Aug 4, 2022 and is managed by Touchstone.