Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Sees Large Decline in Short Interest

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 4,387 shares, a drop of 42.2% from the May 14th total of 7,590 shares. Based on an average daily volume of 16,349 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of Touchstone Strategic Income Opportunities ETF

A number of large investors have recently bought and sold shares of SIO. Raymond James Financial Inc. grew its position in Touchstone Strategic Income Opportunities ETF by 10.8% in the second quarter. Raymond James Financial Inc. now owns 39,416 shares of the company’s stock valued at $1,030,000 after acquiring an additional 3,852 shares during the period. Envestnet Asset Management Inc. grew its position in Touchstone Strategic Income Opportunities ETF by 3.9% in the third quarter. Envestnet Asset Management Inc. now owns 13,365 shares of the company’s stock valued at $352,000 after acquiring an additional 498 shares during the period. Citadel Advisors LLC grew its position in Touchstone Strategic Income Opportunities ETF by 223.2% in the third quarter. Citadel Advisors LLC now owns 57,599 shares of the company’s stock valued at $1,517,000 after acquiring an additional 39,776 shares during the period. Victory Financial Group LLC grew its position in Touchstone Strategic Income Opportunities ETF by 12.2% in the third quarter. Victory Financial Group LLC now owns 66,925 shares of the company’s stock valued at $1,762,000 after acquiring an additional 7,302 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH grew its position in Touchstone Strategic Income Opportunities ETF by 0.3% in the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 5,687,357 shares of the company’s stock valued at $147,587,000 after acquiring an additional 18,674 shares during the period.

Touchstone Strategic Income Opportunities ETF Price Performance

Touchstone Strategic Income Opportunities ETF stock opened at $25.72 on Friday. The firm’s 50-day moving average is $25.73 and its two-hundred day moving average is $25.95. Touchstone Strategic Income Opportunities ETF has a 12-month low of $25.28 and a 12-month high of $27.38. The stock has a market capitalization of $249.48 million, a P/E ratio of 18.97 and a beta of 0.28.

Touchstone Strategic Income Opportunities ETF Company Profile

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process. SIO was launched on Jul 21, 2022 and is managed by Touchstone.