Franklin FTSE Canada ETF (NYSEARCA:FLCA) Short Interest Update

Franklin FTSE Canada ETF (NYSEARCA:FLCA) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 59,100 shares, a growth of 109.6% from the August 31st total of 28,200 shares. Based on an average trading volume of 22,200 shares, the short-interest ratio is currently 2.7 days. Based on an average trading volume of 22,200 shares, the short-interest ratio is currently 2.7 days.

Institutional Investors Weigh In On Franklin FTSE Canada ETF

A number of large investors have recently made changes to their positions in FLCA. Bank of America Corp DE boosted its holdings in Franklin FTSE Canada ETF by 1.2% in the second quarter. Bank of America Corp DE now owns 3,455,418 shares of the company’s stock valued at $144,264,000 after purchasing an additional 39,684 shares during the last quarter. Simon Quick Advisors LLC purchased a new stake in Franklin FTSE Canada ETF in the second quarter valued at $5,034,000. Community Bank N.A. raised its position in shares of Franklin FTSE Canada ETF by 23.1% in the first quarter. Community Bank N.A. now owns 94,808 shares of the company’s stock worth $3,528,000 after acquiring an additional 17,804 shares during the period. Bank of Montreal Can raised its position in shares of Franklin FTSE Canada ETF by 12.5% in the second quarter. Bank of Montreal Can now owns 56,623 shares of the company’s stock worth $2,364,000 after acquiring an additional 6,295 shares during the period. Finally, National Bank of Canada FI raised its position in shares of Franklin FTSE Canada ETF by 2.3% in the first quarter. National Bank of Canada FI now owns 55,884 shares of the company’s stock worth $2,101,000 after acquiring an additional 1,244 shares during the period.

Franklin FTSE Canada ETF Stock Performance

NYSEARCA:FLCA traded down $0.02 during trading hours on Monday, reaching $45.99. The company’s stock had a trading volume of 21,937 shares, compared to its average volume of 25,404. The company has a market capitalization of $501.33 million, a P/E ratio of 19.67 and a beta of 0.99. Franklin FTSE Canada ETF has a 12 month low of $33.59 and a 12 month high of $46.35. The stock has a 50 day moving average price of $43.70 and a two-hundred day moving average price of $41.06.

Franklin FTSE Canada ETF Company Profile

The Franklin FTSE Canada ETF (FLCA) is an exchange-traded fund that is based on the FTSE Canada RIC Capped index. The fund tracks a market cap-weighted index of large- and mid-cap Canadian stocks. FLCA was launched on Nov 2, 2017 and is managed by Franklin Templeton.