Short Interest in Touchstone US Large Cap Focused ETF (BATS:LCF) Decreases By 38.5%

Touchstone US Large Cap Focused ETF (BATS:LCF) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 2,084 shares, a drop of 38.5% from the June 15th total of 3,388 shares. Based on an average daily trading volume, of 1,062 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Touchstone US Large Cap Focused ETF

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

Touchstone US Large Cap Focused ETF Stock Performance

BATS LCF opened at $44.74 on Friday. Touchstone US Large Cap Focused ETF has a one year low of $37.99 and a one year high of $44.93. The company has a 50-day simple moving average of $43.76 and a 200-day simple moving average of $42.41. The firm has a market capitalization of $55.92 million, a PE ratio of 25.10 and a beta of 0.95.

About Touchstone US Large Cap Focused ETF

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.