Short Interest in Touchstone US Large Cap Focused ETF (BATS:LCF) Drops By 61.5%

Touchstone US Large Cap Focused ETF (BATS:LCF) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,090 shares, a drop of 61.5% from the July 15th total of 2,834 shares. Based on an average trading volume of 678 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.1% of the shares of the stock are short sold.

Touchstone US Large Cap Focused ETF Stock Up 0.7%

Shares of BATS LCF opened at $46.72 on Friday. The firm has a 50-day moving average price of $44.15 and a 200 day moving average price of $42.78. Touchstone US Large Cap Focused ETF has a 52 week low of $37.99 and a 52 week high of $46.87. The stock has a market capitalization of $58.40 million, a price-to-earnings ratio of 25.10 and a beta of 0.95.

Institutional Trading of Touchstone US Large Cap Focused ETF

Several large investors have recently modified their holdings of the business. Janney Montgomery Scott LLC grew its holdings 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 valued at $824,000 after buying an additional 305 shares during the last quarter. Moody National Bank Trust Division grew its holdings 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 buying an additional 3,160 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of 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 worth $8,485,000 after acquiring an additional 25,840 shares during the last quarter.

Touchstone US Large Cap Focused ETF Company Profile

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.