Touchstone Securitized Income ETF (NYSEARCA:TSEC) Shares Shorted: Short Interest Up 337.2% in September

Touchstone Securitized Income ETF (NYSEARCA:TSEC) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 26,097 shares, a growth of 337.2% from the August 31st total of 5,969 shares. Based on an average trading volume of 18,813 shares, the short-interest ratio is currently 1.4 days. Approximately 0.4% of the shares of the stock are short sold.

Touchstone Securitized Income ETF Trading Up 0.1%

Shares of TSEC stock traded up $0.01 during trading hours on Friday, hitting $25.27. 110,219 shares of the company’s stock were exchanged, compared to its average volume of 25,487. Touchstone Securitized Income ETF has a 12-month low of $25.16 and a 12-month high of $26.47. The business’s 50 day simple moving average is $25.53 and its 200-day simple moving average is $25.73.

Touchstone Securitized Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Thursday, July 30th were given a $0.1638 dividend. This represents a $1.97 dividend on an annualized basis and a yield of 7.8%. The ex-dividend date was Thursday, July 30th. This is a boost from Touchstone Securitized Income ETF’s previous monthly dividend of $0.1569.

Institutional Trading of Touchstone Securitized Income ETF

Several hedge funds have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC bought a new position in shares of Touchstone Securitized Income ETF during the second quarter valued at about $26,000. Elevation Point Wealth Partners LLC purchased a new stake in Touchstone Securitized Income ETF during the 1st quarter valued at about $412,000. Citadel Advisors LLC boosted its holdings in Touchstone Securitized Income ETF by 248.5% during the 2nd quarter. Citadel Advisors LLC now owns 34,325 shares of the company’s stock valued at $886,000 after acquiring an additional 24,475 shares during the period. Retirement Planning Group LLC grew its position in Touchstone Securitized Income ETF by 367.3% during the 1st quarter. Retirement Planning Group LLC now owns 366,584 shares of the company’s stock worth $9,454,000 after acquiring an additional 288,144 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH grew its position in Touchstone Securitized Income ETF by 0.6% during the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 3,900,413 shares of the company’s stock worth $100,592,000 after acquiring an additional 25,000 shares during the last quarter.

About Touchstone Securitized Income ETF

The Touchstone Securitized Income ETF (TSEC) is an exchange-traded fund that is based on the Bloomberg US Aggregate index. The fund is an actively managed, broad portfolio of securitized fixed income securities. The fund may tilt towards short-term, investment grade paper but the portfolio managers are not held to those requirements. TSEC was launched on Jul 17, 2023 and is issued by Touchstone.