Short Interest in Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Grows By 83.1%

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 8,032 shares, an increase of 83.1% from the May 31st total of 4,387 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 14,689 shares, the short-interest ratio is currently 0.5 days.

Touchstone Strategic Income Opportunities ETF Stock Performance

Shares of Touchstone Strategic Income Opportunities ETF stock opened at $25.68 on Thursday. The business has a 50-day moving average price of $25.71 and a two-hundred day moving average price of $25.89. Touchstone Strategic Income Opportunities ETF has a 1-year low of $25.28 and a 1-year high of $27.38. The company has a market cap of $267.84 million, a P/E ratio of 18.97 and a beta of 0.27.

Institutional Investors Weigh In On Touchstone Strategic Income Opportunities ETF

Large investors have recently added to or reduced their stakes in the business. Baer Investment Advisory LLC bought a new stake in Touchstone Strategic Income Opportunities ETF in the first quarter worth approximately $1,795,000. Janney Montgomery Scott LLC boosted its holdings in shares of Touchstone Strategic Income Opportunities ETF by 16.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 361,625 shares of the company’s stock worth $9,268,000 after buying an additional 50,581 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its position in shares of Touchstone Strategic Income Opportunities ETF by 0.5% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 5,712,970 shares of the company’s stock worth $146,423,000 after buying an additional 25,613 shares during the period. MML Investors Services LLC grew its position in shares of Touchstone Strategic Income Opportunities ETF by 7.9% during the 4th quarter. MML Investors Services LLC now owns 23,400 shares of the company’s stock worth $607,000 after buying an additional 1,709 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of Touchstone Strategic Income Opportunities ETF during the 4th quarter valued at $240,000.

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.