Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Down 17.7% in December

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 11,123 shares, a decrease of 17.7% from the December 15th total of 13,507 shares. Based on an average trading volume of 45,031 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 45,031 shares, the short-interest ratio is presently 0.2 days.

Franklin Liberty Short Duration US Government ETF Stock Performance

Shares of NYSEARCA:FTSD opened at $91.03 on Monday. Franklin Liberty Short Duration US Government ETF has a 52 week low of $89.65 and a 52 week high of $93.47. The company’s fifty day moving average is $90.96 and its 200-day moving average is $90.89.

Institutional Trading of Franklin Liberty Short Duration US Government ETF

Hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. boosted its holdings in shares of Franklin Liberty Short Duration US Government ETF by 891.5% in the 2nd quarter. PNC Financial Services Group Inc. now owns 466 shares of the company’s stock worth $42,000 after acquiring an additional 419 shares in the last quarter. Briaud Financial Planning Inc bought a new position in shares of Franklin Liberty Short Duration US Government ETF in the second quarter valued at about $56,000. Steward Partners Investment Advisory LLC acquired a new position in Franklin Liberty Short Duration US Government ETF during the 2nd quarter worth about $63,000. Ameriflex Group Inc. acquired a new position in Franklin Liberty Short Duration US Government ETF during the 3rd quarter worth about $180,000. Finally, Envestnet Asset Management Inc. bought a new stake in Franklin Liberty Short Duration US Government ETF during the 2nd quarter worth about $217,000.

About Franklin Liberty Short Duration US Government ETF

The Franklin Short Duration U.S. Government ETF (FTSD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed ETF that aims for a targeted duration of less than three years by investing in short-term debt securities issued or guaranteed by the US-government. The fund manager may also invest in certain interest rate-related derivative transactions. FTSD was launched on Nov 4, 2013 and is managed by Franklin Templeton.