Touchstone Ultra Short Income ETF (BATS:TUSI) Shares Shorted: Short Interest Up 81.0% in September

Touchstone Ultra Short Income ETF (BATS:TUSI – Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 121,860 shares, a growth of 81.0% from the September 15th total of 67,315 shares. Based on an average trading volume of 338,924 shares, the short-interest ratio is currently 0.4 days. Approximately 1.8% of the shares of the stock are short sold.

Institutional Trading of Touchstone Ultra Short Income ETF

Several hedge funds have recently added to or reduced their stakes in TUSI. Fort Washington Investment Advisors Inc. OH boosted its position in Touchstone Ultra Short Income ETF by 32.9% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 3,406,996 shares of the company’s stock valued at $85,924,000 after buying an additional 844,096 shares during the period. Puff Wealth Management LLC grew its stake in shares of Touchstone Ultra Short Income ETF by 161.9% during the third quarter. Puff Wealth Management LLC now owns 111,746 shares of the company’s stock valued at $2,818,000 after buying an additional 69,083 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in shares of Touchstone Ultra Short Income ETF during the second quarter valued at about $2,025,000. Integrated Wealth Concepts LLC increased its holdings in shares of Touchstone Ultra Short Income ETF by 216.2% in the second quarter. Integrated Wealth Concepts LLC now owns 992,948 shares of the company’s stock worth $25,082,000 after buying an additional 678,915 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of Touchstone Ultra Short Income ETF by 12.7% in the second quarter. NewEdge Advisors LLC now owns 108,856 shares of the company’s stock worth $2,750,000 after buying an additional 12,268 shares during the period.

Touchstone Ultra Short Income ETF Price Performance

TUSI stock opened at $25.28 on Friday. Touchstone Ultra Short Income ETF has a one year low of $25.19 and a one year high of $25.50. The company’s 50 day moving average price is $25.30 and its two-hundred day moving average price is $25.32.

Touchstone Ultra Short Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a dividend of $0.0972 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.17 annualized dividend and a dividend yield of 4.6%. This is an increase from Touchstone Ultra Short Income ETF’s previous monthly dividend of $0.0865.

Touchstone Ultra Short Income ETF Company Profile

(Get Free Report)

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.

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