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

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

Hedge Funds Weigh In On Touchstone Dynamic International ETF

Several large investors have recently bought and sold shares of the stock. NewEdge Advisors LLC increased its stake in Touchstone Dynamic International ETF by 55.4% during the 1st 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. Royal Bank of Canada acquired a new position in Touchstone Dynamic International ETF during the 1st quarter valued at about $32,000. Private Advisor Group LLC increased its stake in 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 valued at $320,000 after buying an additional 1,047 shares during the period. Cornerstone Wealth Management LLC increased its stake in Touchstone Dynamic International ETF by 26.0% during the 4th quarter. Cornerstone Wealth Management LLC now owns 9,450 shares of the company’s stock valued at $366,000 after buying an additional 1,950 shares during the period. Finally, Steward Partners Investment Advisory LLC increased its stake in Touchstone Dynamic International ETF by 23.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 16,785 shares of the company’s stock valued at $649,000 after buying an additional 3,156 shares during the period.

Touchstone Dynamic International ETF Stock Up 0.4%

Touchstone Dynamic International ETF stock traded up $0.16 during trading hours on Friday, hitting $45.30. 49,698 shares of the company traded hands, compared to its average volume of 76,467. The firm has a market cap of $258.21 million, a P/E ratio of 15.15 and a beta of 0.61. The firm’s 50-day simple moving average is $44.32 and its two-hundred day simple moving average is $42.06. Touchstone Dynamic International ETF has a 1-year low of $32.84 and a 1-year high of $46.59.

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.