Touchstone Dynamic International ETF (NASDAQ:TDI) Sees Significant Growth in Short Interest

Touchstone Dynamic International ETF (NASDAQ:TDI) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 147,704 shares, an increase of 199.7% from the August 31st total of 49,292 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily volume of 54,457 shares, the days-to-cover ratio is currently 2.7 days.

Touchstone Dynamic International ETF Price Performance

Shares of NASDAQ:TDI traded up $0.59 during midday trading on Friday, reaching $47.48. The company’s stock had a trading volume of 41,148 shares, compared to its average volume of 70,524. Touchstone Dynamic International ETF has a fifty-two week low of $36.42 and a fifty-two week high of $47.90. The company has a market capitalization of $462.93 million, a P/E ratio of 15.15 and a beta of 0.63. The business’s fifty day simple moving average is $46.51 and its 200-day simple moving average is $44.78.

Institutional Investors Weigh In On Touchstone Dynamic International ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. bought a new position in shares of Touchstone Dynamic International ETF in the second quarter worth about $7,014,000. Citadel Advisors LLC acquired a new stake in shares of Touchstone Dynamic International ETF in the second quarter valued at approximately $5,176,000. Trilogy Capital Inc. bought a new position in Touchstone Dynamic International ETF in the 2nd quarter worth approximately $3,143,000. Ascentis Independent Advisors acquired a new position in Touchstone Dynamic International ETF during the 1st quarter worth $2,246,000. Finally, NewEdge Advisors LLC lifted its holdings in Touchstone Dynamic International ETF by 6,373.6% during the 2nd quarter. NewEdge Advisors LLC now owns 50,300 shares of the company’s stock worth $2,260,000 after buying an additional 49,523 shares in the last quarter.

Touchstone Dynamic International ETF Company Profile

The Touchstone Dynamic International ETF (TDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in non-US companies from around the globe selected using a proprietary quantitative model. TDI was launched on Dec 8, 2023 and is issued by Touchstone.