Touchstone Dividend Select ETF (NYSEARCA:DVND) Stock Short Interest Report for September

Touchstone Dividend Select ETF (NYSEARCA:DVND) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 407 shares, a decrease of 80.6% from the September 15th total of 2,103 shares. Based on an average daily volume of 1,041 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.

Touchstone Dividend Select ETF Stock Up 0.2%

NYSEARCA DVND traded up $0.09 on Friday, hitting $38.66. The stock had a trading volume of 295 shares, compared to its average volume of 1,981. The company’s 50-day moving average is $39.25 and its two-hundred day moving average is $38.20. Touchstone Dividend Select ETF has a one year low of $33.88 and a one year high of $40.12. The stock has a market cap of $53.35 million, a price-to-earnings ratio of 20.47 and a beta of 0.82.

Touchstone Dividend Select ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were given a dividend of $0.1650 per share. This is a boost from Touchstone Dividend Select ETF’s previous quarterly dividend of $0.1639. This represents a $0.66 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, September 29th.

Hedge Funds Weigh In On Touchstone Dividend Select ETF

A hedge fund recently raised its stake in Touchstone Dividend Select ETF stock. Fort Washington Investment Advisors Inc. OH boosted its holdings in Touchstone Dividend Select ETF (NYSEARCA:DVND) by 0.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,033,799 shares of the company’s stock after acquiring an additional 8,509 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 89.90% of Touchstone Dividend Select ETF worth $36,527,000 at the end of the most recent quarter.

Touchstone Dividend Select ETF Company Profile

The Touchstone Dividend Select ETF (DVND) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks current income and capital appreciation by actively selecting US large-cap companies with sustainable competitive advantages that pay reliable, growing dividends at reasonable valuations. DVND was launched on Aug 2, 2022 and is managed by Touchstone.