Touchstone Securitized Income ETF (NYSEARCA:TSEC) Stock Short Interest Jumps 82.0%

Touchstone Securitized Income ETF (NYSEARCA:TSEC) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 47,501 shares, an increase of 82.0% from the September 15th total of 26,097 shares. Based on an average trading volume of 56,940 shares, the short-interest ratio is currently 0.8 days. Currently, 0.7% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC acquired a new position in Touchstone Securitized Income ETF during the 2nd quarter worth $26,000. Elevation Point Wealth Partners LLC bought a new position in Touchstone Securitized Income ETF in the 1st quarter valued at $412,000. Citadel Advisors LLC boosted its position in Touchstone Securitized Income ETF by 248.5% in the 2nd quarter. Citadel Advisors LLC now owns 34,325 shares of the company’s stock valued at $886,000 after buying an additional 24,475 shares during the last quarter. Retirement Planning Group LLC boosted its position in Touchstone Securitized Income ETF by 367.3% in the 1st quarter. Retirement Planning Group LLC now owns 366,584 shares of the company’s stock valued at $9,454,000 after buying an additional 288,144 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its stake in shares of Touchstone Securitized Income ETF by 0.6% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 3,900,413 shares of the company’s stock valued at $100,592,000 after buying an additional 25,000 shares during the period.

Touchstone Securitized Income ETF Trading Up 0.2%

Shares of TSEC stock opened at $25.13 on Thursday. Touchstone Securitized Income ETF has a 1 year low of $24.89 and a 1 year high of $26.47. The firm’s 50 day moving average is $25.39 and its 200-day moving average is $25.64.

Touchstone Securitized Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were issued a $0.1673 dividend. This is an increase from Touchstone Securitized Income ETF’s previous monthly dividend of $0.1439. This represents a $2.01 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend was Tuesday, September 29th.

Touchstone Securitized Income ETF Company Profile

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.