Touchstone Securitized Income ETF (NYSEARCA:TSEC) Sees Significant Growth in Short Interest

Touchstone Securitized Income ETF (NYSEARCA:TSEC) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 2,400 shares, an increase of 41.2% from the September 30th total of 1,700 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 2,100 shares, the short-interest ratio is currently 1.1 days. Approximately 0.1% of the shares of the company are short sold.

Touchstone Securitized Income ETF Stock Up 0.1%

TSEC opened at $26.18 on Wednesday. The company has a 50 day moving average of $26.30 and a 200 day moving average of $26.22. Touchstone Securitized Income ETF has a 12 month low of $25.58 and a 12 month high of $26.65.

Touchstone Securitized Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 31st. Stockholders of record on Thursday, October 30th were issued a $0.1617 dividend. The ex-dividend date of this dividend was Thursday, October 30th. This is a positive change from Touchstone Securitized Income ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Institutional Investors Weigh In On Touchstone Securitized Income ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Touchstone Securitized Income ETF by 1.3% in the second quarter. Fort Washington Investment Advisors Inc. OH now owns 3,875,413 shares of the company’s stock worth $101,265,000 after buying an additional 50,000 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in Touchstone Securitized Income ETF by 93.1% in the 1st quarter. Integrated Wealth Concepts LLC now owns 144,737 shares of the company’s stock valued at $3,786,000 after purchasing an additional 69,788 shares during the period. Jane Street Group LLC boosted its holdings in Touchstone Securitized Income ETF by 181.7% in the 2nd quarter. Jane Street Group LLC now owns 73,966 shares of the company’s stock valued at $1,933,000 after purchasing an additional 47,707 shares during the period. Retirement Planning Group LLC boosted its holdings in Touchstone Securitized Income ETF by 41.9% in the 3rd quarter. Retirement Planning Group LLC now owns 69,991 shares of the company’s stock valued at $1,836,000 after purchasing an additional 20,652 shares during the period. Finally, Winebrenner Capital Management LLC boosted its holdings in Touchstone Securitized Income ETF by 31.2% in the 3rd quarter. Winebrenner Capital Management LLC now owns 36,194 shares of the company’s stock valued at $950,000 after purchasing an additional 8,614 shares during the period.

About Touchstone Securitized Income ETF

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.