Touchstone Ultra Short Income ETF (BATS:TUSI) Short Interest Up 75.3% in May

Touchstone Ultra Short Income ETF (BATS:TUSI) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 76,520 shares, a growth of 75.3% from the May 14th total of 43,642 shares. Currently, 1.1% of the shares of the stock are sold short. Based on an average trading volume of 261,611 shares, the short-interest ratio is currently 0.3 days.

Touchstone Ultra Short Income ETF Stock Up 0.1%

Shares of BATS:TUSI opened at $25.35 on Tuesday. The business’s 50 day moving average price is $25.35 and its 200-day moving average price is $25.37. Touchstone Ultra Short Income ETF has a 1 year low of $25.23 and a 1 year high of $25.55.

Institutional Trading of Touchstone Ultra Short Income ETF

A number of institutional investors have recently made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH boosted its stake in shares of Touchstone Ultra Short Income ETF by 8.0% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 2,377,112 shares of the company’s stock worth $60,224,000 after acquiring an additional 176,320 shares during the last quarter. LPL Financial LLC boosted its stake in shares of Touchstone Ultra Short Income ETF by 80.8% in the fourth quarter. LPL Financial LLC now owns 1,063,342 shares of the company’s stock worth $26,940,000 after acquiring an additional 475,275 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Touchstone Ultra Short Income ETF by 98.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 804,791 shares of the company’s stock worth $20,389,000 after acquiring an additional 399,892 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Touchstone Ultra Short Income ETF by 48.4% in the fourth quarter. Royal Bank of Canada now owns 600,383 shares of the company’s stock worth $15,211,000 after acquiring an additional 195,826 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Touchstone Ultra Short Income ETF by 242.2% in the third quarter. Raymond James Financial Inc. now owns 548,671 shares of the company’s stock worth $13,914,000 after acquiring an additional 388,336 shares during the last quarter.

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.