Touchstone Dividend Select ETF (NYSEARCA:DVND) Short Interest Update

Touchstone Dividend Select ETF (NYSEARCA:DVND) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,137 shares, a growth of 327.4% from the April 30th total of 266 shares. Based on an average trading volume of 22,047 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Touchstone Dividend Select ETF

A hedge fund recently raised its stake in Touchstone Dividend Select ETF stock. Fort Washington Investment Advisors Inc. OH raised its position in Touchstone Dividend Select ETF (NYSEARCA:DVND) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,025,290 shares of the company’s stock after acquiring an additional 8,621 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 94.93% of Touchstone Dividend Select ETF worth $36,061,000 at the end of the most recent quarter.

Touchstone Dividend Select ETF Trading Up 0.2%

DVND stock opened at $38.33 on Friday. The firm’s 50-day moving average price is $36.76 and its two-hundred day moving average price is $36.28. Touchstone Dividend Select ETF has a 12-month low of $31.28 and a 12-month high of $38.33. The stock has a market capitalization of $42.16 million, a price-to-earnings ratio of 20.47 and a beta of 0.83.

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.