Touchstone Securitized Income ETF (NYSEARCA:TSEC – Get Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 26,097 shares, a growth of 337.2% from the August 31st total of 5,969 shares. Based on an average daily volume of 18,813 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.4% of the shares of the stock are sold short.
Touchstone Securitized Income ETF Stock Performance
Shares of TSEC traded up $0.01 during mid-day trading on Friday, reaching $25.27. The stock had a trading volume of 125,256 shares, compared to its average volume of 25,568. Touchstone Securitized Income ETF has a 12 month low of $25.16 and a 12 month high of $26.47. The business has a fifty day moving average of $25.52 and a 200 day moving average of $25.72.
Touchstone Securitized Income ETF Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 30th were given a dividend of $0.1638 per share. This represents a $1.97 annualized dividend and a dividend yield of 7.8%. The ex-dividend date was Thursday, July 30th. This is a positive change from Touchstone Securitized Income ETF’s previous monthly dividend of $0.1569.
Institutional Inflows and Outflows
Touchstone Securitized Income ETF Company Profile
The Touchstone Securitized Income ETF (TSEC) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively managed, broad portfolio of securitized fixed income securities. The fund may tilt towards short-term, investment grade paper but the portfolio managers are not held to those requirements. TSEC was launched on Jul 17, 2023 and is issued by Touchstone.
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