Short Interest in Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) Expands By 226.6%

Franklin FTSE Japan Hedged ETF (NYSEARCA:FLJH) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 82,184 shares, an increase of 226.6% from the December 15th total of 25,164 shares. Based on an average daily volume of 37,923 shares, the days-to-cover ratio is presently 2.2 days. Approximately 2.8% of the company’s stock are sold short. Approximately 2.8% of the company’s stock are sold short. Based on an average daily volume of 37,923 shares, the days-to-cover ratio is presently 2.2 days.

Franklin FTSE Japan Hedged ETF Stock Up 0.9%

FLJH stock traded up $0.38 during midday trading on Thursday, hitting $40.31. The company’s stock had a trading volume of 2,037 shares, compared to its average volume of 26,401. The firm has a 50-day simple moving average of $38.83 and a 200-day simple moving average of $36.54. The firm has a market capitalization of $124.95 million, a P/E ratio of 14.42 and a beta of 0.37. Franklin FTSE Japan Hedged ETF has a 52-week low of $26.01 and a 52-week high of $40.39.

Institutional Investors Weigh In On Franklin FTSE Japan Hedged ETF

Large investors have recently bought and sold shares of the stock. Flow Traders U.S. LLC purchased a new position in shares of Franklin FTSE Japan Hedged ETF in the 2nd quarter valued at $1,378,000. Jane Street Group LLC purchased a new stake in Franklin FTSE Japan Hedged ETF in the first quarter valued at $1,730,000. Citadel Advisors LLC boosted its stake in Franklin FTSE Japan Hedged ETF by 49.1% in the third quarter. Citadel Advisors LLC now owns 42,311 shares of the company’s stock valued at $1,525,000 after acquiring an additional 13,928 shares in the last quarter. National Bank of Canada FI boosted its stake in Franklin FTSE Japan Hedged ETF by 15.7% in the third quarter. National Bank of Canada FI now owns 5,486 shares of the company’s stock valued at $197,000 after acquiring an additional 743 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in shares of Franklin FTSE Japan Hedged ETF during the fourth quarter worth about $305,000.

Franklin FTSE Japan Hedged ETF Company Profile

The Franklin FTSE Japan Hedged ETF (FLJH) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies in Japan. The fund is currency hedged for USD-based investors. FLJH was launched on Nov 2, 2017 and is managed by Franklin Templeton.