Touchstone Dividend Select ETF (NYSEARCA:DVND) Short Interest Up 76.3% in June

Touchstone Dividend Select ETF (NYSEARCA:DVND) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 3,197 shares, a growth of 76.3% from the May 31st total of 1,813 shares. Based on an average daily volume of 919 shares, the days-to-cover ratio is currently 3.5 days. Currently, 0.3% of the company’s stock are sold short.

Touchstone Dividend Select ETF Price Performance

DVND stock opened at $38.38 on Thursday. The business’s 50-day moving average is $37.96 and its two-hundred day moving average is $36.87. The firm has a market capitalization of $52.96 million, a P/E ratio of 20.47 and a beta of 0.82. Touchstone Dividend Select ETF has a 1 year low of $32.89 and a 1 year high of $38.96.

Institutional Trading of Touchstone Dividend Select ETF

An institutional investor recently raised its position in Touchstone Dividend Select ETF stock. Fort Washington Investment Advisors Inc. OH raised its position in Touchstone Dividend Select ETF (NYSEARCA:DVND) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,025,290 shares of the company’s stock after acquiring an additional 8,621 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 94.93% of Touchstone Dividend Select ETF worth $36,061,000 as of its most recent SEC filing.

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. DVND was launched on Aug 2, 2022 and is managed by Touchstone.