Touchstone US Large Cap Focused ETF (BATS:LCF) Short Interest Down 61.5% in July

Touchstone US Large Cap Focused ETF (BATS:LCF) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,090 shares, a drop of 61.5% from the July 15th total of 2,834 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 678 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On Touchstone US Large Cap Focused ETF

A number of institutional investors have recently added to or reduced their stakes in LCF. Janney Montgomery Scott LLC boosted its position in Touchstone US Large Cap Focused ETF by 1.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock valued at $824,000 after buying an additional 305 shares during the last quarter. Moody National Bank Trust Division grew its stake in shares of Touchstone US Large Cap Focused ETF by 9.2% during the second quarter. Moody National Bank Trust Division now owns 37,603 shares of the company’s stock valued at $1,624,000 after acquiring an additional 3,160 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Touchstone US Large Cap Focused ETF by 14.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 200,706 shares of the company’s stock worth $8,485,000 after acquiring an additional 25,840 shares during the last quarter.

Touchstone US Large Cap Focused ETF Trading Up 0.7%

BATS LCF opened at $46.72 on Friday. The company’s fifty day simple moving average is $44.15 and its 200-day simple moving average is $42.78. Touchstone US Large Cap Focused ETF has a 52 week low of $37.99 and a 52 week high of $46.87. The stock has a market cap of $58.40 million, a P/E ratio of 25.10 and a beta of 0.95.

Touchstone US Large Cap Focused ETF Company Profile

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.