Short Interest in Touchstone Dividend Select ETF (NYSEARCA:DVND) Declines By 85.3%

Touchstone Dividend Select ETF (NYSEARCA:DVND) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 266 shares, a drop of 85.3% from the April 15th total of 1,815 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,841 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Touchstone Dividend Select ETF

An institutional investor recently raised its position in Touchstone Dividend Select ETF stock. Fort Washington Investment Advisors Inc. OH boosted its holdings in Touchstone Dividend Select ETF (NYSEARCA:DVND) by 0.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,025,290 shares of the company’s stock after purchasing an additional 8,621 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned about 94.93% of Touchstone Dividend Select ETF worth $36,061,000 at the end of the most recent quarter.

Touchstone Dividend Select ETF Trading Up 0.6%

Touchstone Dividend Select ETF stock traded up $0.21 on Thursday, hitting $37.83. 215 shares of the stock traded hands, compared to its average volume of 3,434. The firm has a market cap of $41.61 million, a P/E ratio of 20.47 and a beta of 0.83. The business’s fifty day simple moving average is $36.41 and its 200 day simple moving average is $36.04. Touchstone Dividend Select ETF has a 1 year low of $30.93 and a 1 year high of $37.89.

Touchstone Dividend Select ETF Company Profile

The Touchstone Dividend Select ETF (DVND) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks current income and capital appreciation by actively selecting US large-cap companies with sustainable competitive advantages that pay reliable, growing dividends at reasonable valuations. DVND was launched on Aug 2, 2022 and is managed by Touchstone.