Short Interest in Touchstone Sands Capital Select Growth ETF (NASDAQ:TSEL) Declines By 62.7%

Touchstone Sands Capital Select Growth ETF (NASDAQ:TSEL) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 14,134 shares, a drop of 62.7% from the April 15th total of 37,845 shares. Based on an average daily volume of 14,681 shares, the short-interest ratio is currently 1.0 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of Touchstone Sands Capital Select Growth ETF

A number of hedge funds have recently added to or reduced their stakes in TSEL. Thrivent Financial for Lutherans acquired a new position in shares of Touchstone Sands Capital Select Growth ETF in the third quarter valued at approximately $17,547,000. SBE LLC DBA Cedar Cove Wealth Partners purchased a new position in Touchstone Sands Capital Select Growth ETF in the 4th quarter valued at $13,974,000. Tactive Advisors LLC grew its position in Touchstone Sands Capital Select Growth ETF by 71.5% in the 4th quarter. Tactive Advisors LLC now owns 257,936 shares of the company’s stock valued at $7,315,000 after buying an additional 107,520 shares during the last quarter. Puff Wealth Management LLC acquired a new position in Touchstone Sands Capital Select Growth ETF in the 4th quarter valued at $1,219,000. Finally, A&I Financial Services LLC increased its stake in Touchstone Sands Capital Select Growth ETF by 2.9% in the 4th quarter. A&I Financial Services LLC now owns 1,048,058 shares of the company’s stock valued at $29,724,000 after buying an additional 29,435 shares during the period.

Touchstone Sands Capital Select Growth ETF Price Performance

Shares of NASDAQ:TSEL traded down $0.43 on Friday, reaching $28.53. The company’s stock had a trading volume of 7,004 shares, compared to its average volume of 20,944. The stock’s 50-day moving average is $26.52 and its two-hundred day moving average is $27.41. Touchstone Sands Capital Select Growth ETF has a 52-week low of $23.55 and a 52-week high of $31.06. The stock has a market capitalization of $131.24 million, a P/E ratio of 45.51 and a beta of 1.50.

About Touchstone Sands Capital Select Growth ETF

The Touchstone Sands Capital US Select Growth ETF (TSEL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of large- and mid-cap US companies with above-average revenue or earnings growth potential. Positions integrate ESG considerations. TSEL was launched on Jan 2, 2025 and is issued by Touchstone.