Touchstone US Large Cap Focused ETF (BATS:LCF) Short Interest Update

Touchstone US Large Cap Focused ETF (BATS:LCF) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 2,084 shares, a decrease of 38.5% from the June 15th total of 3,388 shares. Based on an average daily volume of 1,062 shares, the short-interest ratio is presently 2.0 days. Approximately 0.2% of the company’s stock are short sold.

Touchstone US Large Cap Focused ETF Price Performance

Shares of LCF opened at $44.89 on Thursday. The stock’s 50-day moving average is $43.74 and its two-hundred day moving average is $42.40. The stock has a market cap of $56.11 million, a PE ratio of 25.10 and a beta of 0.95. Touchstone US Large Cap Focused ETF has a 12 month low of $37.99 and a 12 month high of $44.89.

Institutional Investors Weigh In On Touchstone US Large Cap Focused ETF

Several hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC lifted its position in Touchstone US Large Cap Focused ETF by 1.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock worth $824,000 after acquiring an additional 305 shares in the last quarter. Moody National Bank Trust Division boosted its holdings in Touchstone US Large Cap Focused ETF by 9.8% in the 4th quarter. Moody National Bank Trust Division now owns 29,129 shares of the company’s stock worth $1,231,000 after acquiring an additional 2,588 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its position in Touchstone US Large Cap Focused ETF by 14.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 200,706 shares of the company’s stock valued at $8,485,000 after acquiring an additional 25,840 shares in the last quarter.

About Touchstone US Large Cap Focused ETF

The Touchstone US Large Cap Focused ETF (LCF) is an exchange-traded fund that mostly invests in large cap equity. The fund is a concentrated portfolio of US-listed large-cap stocks selected based on high conviction that the businesses have a sustainable competitive advantage or have a high barrier to entry in place. LCF was launched on Jul 27, 2022 and is managed by Touchstone.