Touchstone Ultra Short Income ETF (BATS:TUSI) Short Interest Update

Touchstone Ultra Short Income ETF (BATS:TUSI) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 76,520 shares, a growth of 75.3% from the May 14th total of 43,642 shares. Based on an average trading volume of 261,611 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC acquired a new position in Touchstone Ultra Short Income ETF in the 4th quarter valued at approximately $205,000. Kestra Advisory Services LLC acquired a new position in Touchstone Ultra Short Income ETF in the 4th quarter valued at approximately $241,000. Sanctuary Advisors LLC increased its stake in Touchstone Ultra Short Income ETF by 14.2% in the 4th quarter. Sanctuary Advisors LLC now owns 9,650 shares of the company’s stock valued at $244,000 after buying an additional 1,200 shares during the period. Summit Financial Strategies Inc. acquired a new position in Touchstone Ultra Short Income ETF in the 4th quarter valued at approximately $288,000. Finally, Truist Financial Corp acquired a new position in Touchstone Ultra Short Income ETF in the 4th quarter valued at approximately $288,000.

Touchstone Ultra Short Income ETF Stock Performance

TUSI stock opened at $25.32 on Monday. Touchstone Ultra Short Income ETF has a 52-week low of $25.23 and a 52-week high of $25.55. The company’s 50 day simple moving average is $25.35 and its 200-day simple moving average is $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.