Touchstone US Large Cap Focused ETF (BATS:LCF) Sees Significant Growth in Short Interest

Touchstone US Large Cap Focused ETF (BATS:LCF) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 4,458 shares, an increase of 134.6% from the May 14th total of 1,900 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 1,659 shares, the days-to-cover ratio is currently 2.7 days.

Touchstone US Large Cap Focused ETF Stock Performance

Touchstone US Large Cap Focused ETF stock opened at $43.11 on Friday. The stock’s 50 day simple moving average is $43.05 and its two-hundred day simple moving average is $42.18. The stock has a market cap of $53.89 million, a price-to-earnings ratio of 25.10 and a beta of 0.95. Touchstone US Large Cap Focused ETF has a fifty-two week low of $37.13 and a fifty-two week high of $44.79.

Institutional Trading of Touchstone US Large Cap Focused ETF

Several large investors have recently bought and sold shares of LCF. Moody National Bank Trust Division boosted its position in Touchstone US Large Cap Focused ETF by 9.8% during the 4th quarter. Moody National Bank Trust Division now owns 29,129 shares of the company’s stock valued at $1,231,000 after acquiring an additional 2,588 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in Touchstone US Large Cap Focused ETF by 14.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 200,706 shares of the company’s stock valued at $8,485,000 after acquiring an additional 25,840 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in Touchstone US Large Cap Focused ETF by 1.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock valued at $824,000 after acquiring an additional 305 shares in the last quarter.

Touchstone US Large Cap Focused ETF Company Profile

The Touchstone US Large Cap Focused ETF (LCF) is an exchange-traded fund that mostly invests in large cap equity. The fund is a concentrated portfolio of US-listed large-cap stocks selected based on high conviction that the businesses have a sustainable competitive advantage or have a high barrier to entry in place. LCF was launched on Jul 27, 2022 and is managed by Touchstone.