Touchstone Securitized Income ETF (NYSEARCA:TSEC) Sees Significant Drop in Short Interest

Touchstone Securitized Income ETF (NYSEARCA:TSEC) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 12,465 shares, a decline of 81.4% from the May 14th total of 66,964 shares. Based on an average daily trading volume, of 14,956 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of TSEC. Atlas Wealth LLC acquired a new position in shares of Touchstone Securitized Income ETF in the 4th quarter worth approximately $286,000. JPMorgan Chase & Co. raised its position in Touchstone Securitized Income ETF by 604.3% in the second quarter. JPMorgan Chase & Co. now owns 13,480 shares of the company’s stock valued at $352,000 after purchasing an additional 11,566 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in Touchstone Securitized Income ETF in the first quarter valued at approximately $412,000. Winebrenner Capital Management LLC raised its position in Touchstone Securitized Income ETF by 52.8% in the fourth quarter. Winebrenner Capital Management LLC now owns 55,294 shares of the company’s stock valued at $1,447,000 after purchasing an additional 19,100 shares during the period. Finally, Jane Street Group LLC raised its position in Touchstone Securitized Income ETF by 181.7% in the second quarter. Jane Street Group LLC now owns 73,966 shares of the company’s stock valued at $1,933,000 after purchasing an additional 47,707 shares during the period.

Touchstone Securitized Income ETF Trading Up 0.0%

TSEC stock traded up $0.01 during trading on Friday, hitting $25.81. The stock had a trading volume of 12,341 shares, compared to its average volume of 19,216. Touchstone Securitized Income ETF has a twelve month low of $25.61 and a twelve month high of $26.48. The company’s 50-day moving average price is $25.82 and its two-hundred day moving average price is $26.05.

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.