Touchstone US Large Cap Focused ETF (BATS:LCF) Stock Short Interest Jumps 178.7%

Touchstone US Large Cap Focused ETF (BATS:LCF) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 875 shares, a growth of 178.7% from the September 30th total of 314 shares. Based on an average daily volume of 1,154 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.1% of the company’s shares are sold short.

Touchstone US Large Cap Focused ETF Price Performance

Touchstone US Large Cap Focused ETF stock opened at $45.71 on Thursday. Touchstone US Large Cap Focused ETF has a 1 year low of $37.99 and a 1 year high of $47.03. The firm has a 50-day moving average of $46.20 and a two-hundred day moving average of $43.68. The stock has a market cap of $57.14 million, a price-to-earnings ratio of 25.10 and a beta of 0.95.

Hedge Funds Weigh In On Touchstone US Large Cap Focused ETF

A number of large investors have recently made changes to their positions in LCF. International Assets Investment Management LLC raised its position in shares of Touchstone US Large Cap Focused ETF by 8.5% in the 3rd quarter. International Assets Investment Management LLC now owns 3,038 shares of the company’s stock valued at $139,000 after purchasing an additional 238 shares during the last quarter. Moody National Bank Trust Division purchased a new position in shares of Touchstone US Large Cap Focused ETF during the 3rd quarter valued at approximately $1,904,000. Finally, Janney Montgomery Scott LLC raised its position in shares of Touchstone US Large Cap Focused ETF by 1.5% in the first quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock worth $824,000 after acquiring an additional 305 shares during the period.

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.