Touchstone Dividend Select ETF (NYSEARCA:DVND) Short Interest Update

Touchstone Dividend Select ETF (NYSEARCA:DVND) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 100 shares, a drop of 75.0% from the May 15th total of 400 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Touchstone Dividend Select ETF

A hedge fund recently raised its stake in Touchstone Dividend Select ETF stock. Fort Washington Investment Advisors Inc. OH raised its stake in shares of Touchstone Dividend Select ETF (NYSEARCA:DVND) by 1.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,018,299 shares of the company’s stock after buying an additional 13,752 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 90.11% of Touchstone Dividend Select ETF worth $31,917,000 as of its most recent SEC filing.

Touchstone Dividend Select ETF Stock Performance

Touchstone Dividend Select ETF stock opened at $32.40 on Thursday. The company has a 50 day moving average price of $30.47 and a 200 day moving average price of $31.29. Touchstone Dividend Select ETF has a 52 week low of $27.46 and a 52 week high of $32.70. The firm has a market capitalization of $35.64 million, a price-to-earnings ratio of 21.75 and a beta of 0.88.

Touchstone Dividend Select ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 28th were paid a $0.15 dividend. This is a positive change from Touchstone Dividend Select ETF’s previous dividend of $0.15. The ex-dividend date was Friday, March 28th.

About Touchstone Dividend Select ETF

The Touchstone Dividend Select ETF (DVND) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks current income and capital appreciation by actively selecting US large-cap companies with sustainable competitive advantages that pay reliable, growing dividends at reasonable valuations.