Touchstone Sands Capital Select Growth ETF (NASDAQ:TSEL) Sees Significant Drop in Short Interest

Touchstone Sands Capital Select Growth ETF (NASDAQ:TSEL) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 389 shares, a decrease of 42.8% from the June 30th total of 680 shares. Based on an average daily volume of 4,983 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Touchstone Sands Capital Select Growth ETF Trading Down 0.5%

Shares of TSEL traded down $0.13 during trading hours on Wednesday, reaching $26.75. The company had a trading volume of 3,310 shares, compared to its average volume of 30,766. The firm has a 50 day simple moving average of $28.70 and a 200-day simple moving average of $27.36. The company has a market capitalization of $75.70 million, a price-to-earnings ratio of 45.51 and a beta of 1.48. Touchstone Sands Capital Select Growth ETF has a 12-month low of $23.55 and a 12-month high of $31.06.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. A&I Financial Services LLC increased its holdings in Touchstone Sands Capital Select Growth ETF by 2.9% in the fourth quarter. A&I Financial Services LLC now owns 1,048,058 shares of the company’s stock valued at $29,724,000 after buying an additional 29,435 shares in the last quarter. Tactive Advisors LLC grew its holdings in shares of Touchstone Sands Capital Select Growth ETF by 15.0% in the 1st quarter. Tactive Advisors LLC now owns 296,624 shares of the company’s stock worth $7,333,000 after acquiring an additional 38,688 shares during the period. Thrivent Financial for Lutherans increased its stake in Touchstone Sands Capital Select Growth ETF by 37.3% in the 4th quarter. Thrivent Financial for Lutherans now owns 798,677 shares of the company’s stock valued at $22,811,000 after purchasing an additional 217,186 shares in the last quarter. SBE LLC DBA Cedar Cove Wealth Partners acquired a new position in Touchstone Sands Capital Select Growth ETF during the fourth quarter worth $13,974,000. Finally, Puff Wealth Management LLC acquired a new position in Touchstone Sands Capital Select Growth ETF during the second quarter worth $1,097,000.

Touchstone Sands Capital Select Growth ETF Company Profile

The Touchstone Sands Capital US Select Growth ETF (TSEL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through a narrow portfolio of large- and mid-cap US companies with above-average revenue or earnings growth potential. Positions integrate ESG considerations. TSEL was launched on Jan 2, 2025 and is issued by Touchstone.