Short Interest in Touchstone Ultra Short Income ETF (BATS:TUSI) Increases By 89.7%

Touchstone Ultra Short Income ETF (BATS:TUSI) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 43,642 shares, an increase of 89.7% from the April 30th total of 23,002 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 160,666 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Touchstone Ultra Short Income ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC acquired a new stake in shares of Touchstone Ultra Short Income ETF in the fourth quarter valued at approximately $205,000. Kestra Advisory Services LLC acquired a new stake in shares of Touchstone Ultra Short Income ETF in the fourth quarter valued at approximately $241,000. Sanctuary Advisors LLC boosted its holdings in shares of Touchstone Ultra Short Income ETF by 14.2% in the fourth quarter. Sanctuary Advisors LLC now owns 9,650 shares of the company’s stock valued at $244,000 after acquiring an additional 1,200 shares during the period. Summit Financial Strategies Inc. acquired a new stake in shares of Touchstone Ultra Short Income ETF in the fourth quarter valued at approximately $288,000. Finally, Truist Financial Corp acquired a new stake in shares of Touchstone Ultra Short Income ETF in the fourth quarter valued at approximately $288,000.

Touchstone Ultra Short Income ETF Price Performance

Shares of Touchstone Ultra Short Income ETF stock opened at $25.30 on Tuesday. Touchstone Ultra Short Income ETF has a one year low of $25.23 and a one year high of $25.55. The business has a 50-day simple moving average of $25.35 and a 200-day simple moving average of $25.37.

About Touchstone Ultra Short Income ETF

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.