Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) Short Interest Up 131.9% in December

Franklin Ultra Short Bond ETF (NYSEARCA:FLUD) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totaling 14,795 shares, an increase of 131.9% from the December 15th total of 6,381 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 32,233 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 32,233 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Trading of Franklin Ultra Short Bond ETF

Large investors have recently bought and sold shares of the company. Jane Street Group LLC boosted its stake in shares of Franklin Ultra Short Bond ETF by 105.6% in the second quarter. Jane Street Group LLC now owns 32,176 shares of the company’s stock valued at $806,000 after purchasing an additional 16,529 shares during the period. Citadel Advisors LLC boosted its holdings in Franklin Ultra Short Bond ETF by 40.7% in the third quarter. Citadel Advisors LLC now owns 32,825 shares of the company’s stock valued at $824,000 after purchasing an additional 9,491 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Franklin Ultra Short Bond ETF during the 4th quarter worth approximately $893,000. Royal Bank of Canada purchased a new position in shares of Franklin Ultra Short Bond ETF during the 1st quarter valued at approximately $973,000. Finally, Franklin Resources Inc. grew its position in shares of Franklin Ultra Short Bond ETF by 49.9% during the second quarter. Franklin Resources Inc. now owns 5,671,900 shares of the company’s stock worth $142,024,000 after buying an additional 1,889,100 shares in the last quarter.

Franklin Ultra Short Bond ETF Price Performance

Shares of Franklin Ultra Short Bond ETF stock traded up $0.02 during trading hours on Friday, hitting $25.05. The company’s stock had a trading volume of 13,960 shares, compared to its average volume of 47,815. The business has a fifty day moving average of $25.01 and a 200 day moving average of $25.02. Franklin Ultra Short Bond ETF has a 1-year low of $24.46 and a 1-year high of $26.70.

About Franklin Ultra Short Bond ETF

The Franklin Ultra Short Bond ETF (FLUD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of broad investment-grade, ultra-short term bonds. FLUD was launched on Jul 14, 2020 and is managed by Franklin Templeton.