Touchstone US Large Cap Focused ETF (BATS:LCF) Stock Short Interest Drops 48.9%

Touchstone US Large Cap Focused ETF (BATS:LCF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 314 shares, a drop of 48.9% from the September 15th total of 614 shares. Based on an average trading volume of 960 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Touchstone US Large Cap Focused ETF

An institutional investor recently raised its position in Touchstone US Large Cap Focused ETF stock. Janney Montgomery Scott LLC increased its holdings in Touchstone US Large Cap Focused ETF (BATS:LCF) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,000 shares of the company’s stock after purchasing an additional 305 shares during the period. Janney Montgomery Scott LLC owned 1.68% of Touchstone US Large Cap Focused ETF worth $824,000 as of its most recent SEC filing.

Touchstone US Large Cap Focused ETF Stock Performance

LCF stock opened at $46.45 on Thursday. The stock has a market capitalization of $58.06 million, a P/E ratio of 25.10 and a beta of 0.95. Touchstone US Large Cap Focused ETF has a one year low of $37.99 and a one year high of $47.03. The company has a 50 day moving average price of $46.28 and a two-hundred day moving average price of $44.30.

About Touchstone US Large Cap Focused ETF

The Touchstone US Large Cap Focused ETF (LCF) is an exchange-traded fund that mostly invests in large cap equity. The fund is a concentrated portfolio of US-listed large-cap stocks selected based on high conviction that the businesses have a sustainable competitive advantage or have a high barrier to entry in place. LCF was launched on Jul 27, 2022 and is managed by Touchstone.