Touchstone Dividend Select ETF (NYSEARCA:DVND – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 407 shares, a decline of 80.6% from the September 15th total of 2,103 shares. Based on an average daily trading volume, of 1,041 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold.
Touchstone Dividend Select ETF Price Performance
Shares of Touchstone Dividend Select ETF stock opened at $38.82 on Tuesday. The firm has a market capitalization of $53.57 million, a PE ratio of 20.47 and a beta of 0.82. The company’s fifty day moving average price is $39.24 and its two-hundred day moving average price is $38.24. Touchstone Dividend Select ETF has a 52-week low of $33.88 and a 52-week high of $40.12.
Touchstone Dividend Select ETF Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were issued a dividend of $0.1650 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 29th. This is a positive change from Touchstone Dividend Select ETF’s previous quarterly dividend of $0.1639.
Institutional Trading of Touchstone Dividend Select ETF
About Touchstone Dividend Select ETF
The Touchstone Dividend Select ETF (DVND) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks current income and capital appreciation by actively selecting US large-cap companies with sustainable competitive advantages that pay reliable, growing dividends at reasonable valuations. DVND was launched on Aug 2, 2022 and is managed by Touchstone.
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