Touchstone Dynamic International ETF (NASDAQ:TDI) Short Interest Down 65.8% in May

Touchstone Dynamic International ETF (NASDAQ:TDI) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 26,556 shares, a decline of 65.8% from the May 14th total of 77,669 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 89,073 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On Touchstone Dynamic International ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada bought a new stake in Touchstone Dynamic International ETF in the 1st quarter valued at about $32,000. NewEdge Advisors LLC increased its position in shares of Touchstone Dynamic International ETF by 55.4% during the first quarter. NewEdge Advisors LLC now owns 777 shares of the company’s stock valued at $32,000 after buying an additional 277 shares during the period. Elevation Point Wealth Partners LLC purchased a new stake in shares of Touchstone Dynamic International ETF in the first quarter worth about $299,000. Janney Montgomery Scott LLC purchased a new stake in shares of Touchstone Dynamic International ETF in the first quarter worth about $302,000. Finally, Private Advisor Group LLC lifted its holdings in shares of Touchstone Dynamic International ETF by 13.9% in the third quarter. Private Advisor Group LLC now owns 8,584 shares of the company’s stock worth $320,000 after buying an additional 1,047 shares in the last quarter.

Touchstone Dynamic International ETF Stock Performance

Shares of Touchstone Dynamic International ETF stock opened at $43.55 on Thursday. Touchstone Dynamic International ETF has a 52-week low of $32.84 and a 52-week high of $46.59. The stock’s 50-day simple moving average is $44.24 and its 200 day simple moving average is $42.00. The stock has a market capitalization of $248.24 million, a P/E ratio of 15.15 and a beta of 0.61.

Touchstone Dynamic International ETF Company Profile

The Touchstone Dynamic International ETF (TDI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in non-US companies from around the globe selected using a proprietary quantitative model. TDI was launched on Dec 8, 2023 and is issued by Touchstone.