Touchstone Dynamic International ETF (NASDAQ:TDI) Sees Significant Growth in Short Interest

Touchstone Dynamic International ETF (NASDAQ:TDI) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 77,669 shares, a growth of 312.4% from the April 30th total of 18,834 shares. Based on an average daily trading volume, of 92,215 shares, the short-interest ratio is presently 0.8 days. Approximately 1.4% of the company’s stock are sold short.

Institutional Investors Weigh In On Touchstone Dynamic International ETF

Several institutional investors have recently modified their holdings of TDI. Royal Bank of Canada purchased a new stake in shares of Touchstone Dynamic International ETF during the 1st quarter worth $32,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Touchstone Dynamic International ETF during the 3rd quarter worth $279,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Touchstone Dynamic International ETF during the 1st quarter worth $299,000. Janney Montgomery Scott LLC purchased a new stake in shares of Touchstone Dynamic International ETF during the 1st quarter worth $302,000. Finally, Private Advisor Group LLC lifted its position in shares of Touchstone Dynamic International ETF by 13.9% during the 3rd quarter. Private Advisor Group LLC now owns 8,584 shares of the company’s stock worth $320,000 after purchasing an additional 1,047 shares during the last quarter.

Touchstone Dynamic International ETF Stock Up 0.6%

TDI stock traded up $0.29 during midday trading on Friday, hitting $46.07. The company’s stock had a trading volume of 180,127 shares, compared to its average volume of 70,897. Touchstone Dynamic International ETF has a 52-week low of $32.35 and a 52-week high of $46.20. The firm has a market capitalization of $262.60 million, a P/E ratio of 15.15 and a beta of 0.61. The firm has a 50-day simple moving average of $43.49 and a 200-day simple moving average of $41.57.

About Touchstone Dynamic International ETF

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.