Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Short Interest Update

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 19,400 shares, an increase of 151.9% from the September 30th total of 7,700 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 9,000 shares, the days-to-cover ratio is presently 2.2 days. Based on an average daily trading volume, of 9,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 0.2% of the shares of the company are sold short.

Touchstone Strategic Income Opportunities ETF Trading Up 0.2%

Touchstone Strategic Income Opportunities ETF stock opened at $26.42 on Friday. The firm has a 50 day moving average of $26.41 and a 200 day moving average of $26.08. The firm has a market capitalization of $217.44 million, a price-to-earnings ratio of 18.97 and a beta of 0.31. Touchstone Strategic Income Opportunities ETF has a 12-month low of $25.15 and a 12-month high of $27.38.

Touchstone Strategic Income Opportunities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 31st. Investors of record on Thursday, October 30th were issued a $0.1161 dividend. The ex-dividend date of this dividend was Thursday, October 30th. This represents a c) annualized dividend and a yield of 5.3%. This is a positive change from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.11.

Institutional Investors Weigh In On Touchstone Strategic Income Opportunities ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SIO. Capital Analysts LLC purchased a new stake in Touchstone Strategic Income Opportunities ETF in the 1st quarter worth approximately $40,000. Envestnet Asset Management Inc. increased its holdings in Touchstone Strategic Income Opportunities ETF by 9.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,867 shares of the company’s stock worth $336,000 after acquiring an additional 1,098 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Touchstone Strategic Income Opportunities ETF by 10.8% in the 2nd quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock worth $1,030,000 after purchasing an additional 3,852 shares in the last quarter. Acorn Wealth Advisors LLC lifted its holdings in Touchstone Strategic Income Opportunities ETF by 4.1% in the 1st quarter. Acorn Wealth Advisors LLC now owns 57,530 shares of the company’s stock worth $1,483,000 after purchasing an additional 2,282 shares in the last quarter. Finally, Victory Financial Group LLC lifted its holdings in Touchstone Strategic Income Opportunities ETF by 20.9% in the 2nd quarter. Victory Financial Group LLC now owns 59,623 shares of the company’s stock worth $1,558,000 after purchasing an additional 10,315 shares in the last quarter.

Touchstone Strategic Income Opportunities ETF Company Profile

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process.