Short Interest in Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Expands By 104.9%

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO – Get Free Report) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 8,284 shares, a growth of 104.9% from the April 15th total of 4,042 shares. Based on an average daily trading volume, of 24,284 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Touchstone Strategic Income Opportunities ETF Price Performance

Shares of SIO stock traded down $0.10 during mid-day trading on Friday, hitting $25.56. The company had a trading volume of 10,149 shares, compared to its average volume of 26,431. Touchstone Strategic Income Opportunities ETF has a 52-week low of $25.49 and a 52-week high of $27.38. The stock’s 50 day moving average price is $25.80 and its 200-day moving average price is $26.06. The company has a market capitalization of $247.93 million, a P/E ratio of 18.97 and a beta of 0.28.

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Touchstone Strategic Income Opportunities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a $0.0978 dividend. This is a boost from Touchstone Strategic Income Opportunities ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Thursday, February 26th.

Institutional Investors Weigh In On Touchstone Strategic Income Opportunities ETF

Several large investors have recently bought and sold shares of the business. RHL Group LLC bought a new position in Touchstone Strategic Income Opportunities ETF during the fourth quarter valued at $45,000. Jane Street Group LLC bought a new position in Touchstone Strategic Income Opportunities ETF during the fourth quarter valued at $240,000. Envestnet Asset Management Inc. increased its position in Touchstone Strategic Income Opportunities ETF by 3.9% during the third quarter. Envestnet Asset Management Inc. now owns 13,365 shares of the company’s stock valued at $352,000 after acquiring an additional 498 shares during the last quarter. MML Investors Services LLC increased its position in Touchstone Strategic Income Opportunities ETF by 7.9% during the fourth quarter. MML Investors Services LLC now owns 23,400 shares of the company’s stock valued at $607,000 after acquiring an additional 1,709 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in Touchstone Strategic Income Opportunities ETF by 10.8% during the second quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock valued at $1,030,000 after acquiring an additional 3,852 shares during the last quarter.

About Touchstone Strategic Income Opportunities ETF

(Get Free Report)

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. SIO was launched on Jul 21, 2022 and is managed by Touchstone.

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