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

Touchstone Securitized Income ETF (NYSEARCA:TSEC) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 11,655 shares, a decrease of 50.6% from the June 30th total of 23,606 shares. Based on an average daily volume of 77,718 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Touchstone Securitized Income ETF

A number of large investors have recently made changes to their positions in TSEC. Atlas Wealth LLC bought a new stake in shares of Touchstone Securitized Income ETF during the 4th quarter valued at $286,000. JPMorgan Chase & Co. increased its stake in Touchstone Securitized Income ETF by 604.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,480 shares of the company’s stock worth $352,000 after acquiring an additional 11,566 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Touchstone Securitized Income ETF in the 1st quarter valued at about $412,000. Jane Street Group LLC boosted its position in shares of Touchstone Securitized Income ETF by 181.7% during the 2nd quarter. Jane Street Group LLC now owns 73,966 shares of the company’s stock valued at $1,933,000 after acquiring an additional 47,707 shares during the last quarter. Finally, Retirement Planning Group LLC grew its holdings in shares of Touchstone Securitized Income ETF by 12.1% during the fourth quarter. Retirement Planning Group LLC now owns 78,440 shares of the company’s stock worth $2,053,000 after purchasing an additional 8,449 shares in the last quarter.

Touchstone Securitized Income ETF Stock Down 0.0%

Shares of NYSEARCA TSEC traded down $0.01 during trading on Tuesday, reaching $25.63. 1,637 shares of the stock traded hands, compared to its average volume of 23,963. The company has a 50-day moving average of $25.76 and a 200-day moving average of $25.95. Touchstone Securitized Income ETF has a 52-week low of $25.58 and a 52-week high of $26.48.

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.