Touchstone US Large Cap Focused ETF (BATS:LCF) Stock Short Interest Jumps 395.4%

Touchstone US Large Cap Focused ETF (BATS:LCF) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 4,335 shares, an increase of 395.4% from the October 15th total of 875 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 912 shares, the short-interest ratio is presently 4.8 days.

Touchstone US Large Cap Focused ETF Trading Down 0.5%

Touchstone US Large Cap Focused ETF stock opened at $45.39 on Friday. Touchstone US Large Cap Focused ETF has a twelve month low of $37.99 and a twelve month high of $47.03. The stock’s fifty day simple moving average is $46.01 and its 200-day simple moving average is $43.83. The firm has a market capitalization of $68.08 million, a P/E ratio of 22.50 and a beta of 0.95.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. International Assets Investment Management LLC grew its stake in Touchstone US Large Cap Focused ETF by 8.5% during the 3rd quarter. International Assets Investment Management LLC now owns 3,038 shares of the company’s stock worth $139,000 after purchasing an additional 238 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in Touchstone US Large Cap Focused ETF in the 3rd quarter valued at about $201,000. Janney Montgomery Scott LLC raised its position in Touchstone US Large Cap Focused ETF by 1.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 21,000 shares of the company’s stock valued at $824,000 after purchasing an additional 305 shares in the last quarter. Finally, Moody National Bank Trust Division raised its position in Touchstone US Large Cap Focused ETF by 9.2% in the 2nd quarter. Moody National Bank Trust Division now owns 37,603 shares of the company’s stock valued at $1,624,000 after purchasing an additional 3,160 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.