Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) Short Interest Up 246.7% in July

Touchstone Strategic Income Opportunities ETF (NYSEARCA:SIO) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 33,082 shares, a growth of 246.7% from the June 30th total of 9,543 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 87,115 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Touchstone Strategic Income Opportunities ETF

Large investors have recently made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH boosted its stake in Touchstone Strategic Income Opportunities ETF by 0.5% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 5,712,970 shares of the company’s stock worth $146,423,000 after purchasing an additional 25,613 shares during the period. Thrivent Financial for Lutherans raised its stake in Touchstone Strategic Income Opportunities ETF by 8.1% during the 4th quarter. Thrivent Financial for Lutherans now owns 1,503,484 shares of the company’s stock valued at $39,038,000 after purchasing an additional 112,669 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of Touchstone Strategic Income Opportunities ETF by 16.3% in the first quarter. Janney Montgomery Scott LLC now owns 361,625 shares of the company’s stock valued at $9,268,000 after purchasing an additional 50,581 shares in the last quarter. FFG Retirement Advisors LLC lifted its holdings in shares of Touchstone Strategic Income Opportunities ETF by 4.5% in the second quarter. FFG Retirement Advisors LLC now owns 208,811 shares of the company’s stock valued at $5,362,000 after purchasing an additional 8,932 shares in the last quarter. Finally, Victory Financial Group LLC boosted its position in shares of Touchstone Strategic Income Opportunities ETF by 23.2% in the fourth quarter. Victory Financial Group LLC now owns 82,453 shares of the company’s stock worth $2,140,000 after buying an additional 15,528 shares during the period.

Touchstone Strategic Income Opportunities ETF Price Performance

NYSEARCA SIO traded up $0.05 on Monday, hitting $25.40. 8,204 shares of the company were exchanged, compared to its average volume of 29,069. Touchstone Strategic Income Opportunities ETF has a twelve month low of $25.28 and a twelve month high of $27.38. The firm has a market capitalization of $278.89 million, a P/E ratio of 18.97 and a beta of 0.27. The company’s 50 day moving average price is $25.63 and its 200-day moving average price is $25.83.

Touchstone Strategic Income Opportunities ETF Company Profile

The Touchstone Strategic Income Opportunities ETF (SIO) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds income producing debt securities of any type, rating, and maturity, selected using a bottom-up security selection process. SIO was launched on Jul 21, 2022 and is managed by Touchstone.