Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) Short Interest Update

Franklin Liberty Short Duration US Government ETF (NYSEARCA:FTSD) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 4,100 shares, a drop of 63.1% from the December 31st total of 11,123 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 39,754 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 39,754 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Franklin Liberty Short Duration US Government ETF Stock Performance

Franklin Liberty Short Duration US Government ETF stock traded up $0.06 during midday trading on Thursday, reaching $91.13. The company’s stock had a trading volume of 24,505 shares, compared to its average volume of 31,611. Franklin Liberty Short Duration US Government ETF has a 52 week low of $89.65 and a 52 week high of $93.47. The business has a 50-day moving average price of $90.99 and a 200-day moving average price of $90.92.

Hedge Funds Weigh In On Franklin Liberty Short Duration US Government ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in FTSD. UBS Group AG lifted its stake in shares of Franklin Liberty Short Duration US Government ETF by 63.0% in the fourth quarter. UBS Group AG now owns 104,512 shares of the company’s stock worth $9,512,000 after acquiring an additional 40,396 shares during the period. Sanctuary Advisors LLC raised its holdings in Franklin Liberty Short Duration US Government ETF by 7.9% during the 4th quarter. Sanctuary Advisors LLC now owns 14,907 shares of the company’s stock worth $1,357,000 after purchasing an additional 1,096 shares during the last quarter. IFP Advisors Inc acquired a new position in shares of Franklin Liberty Short Duration US Government ETF in the 3rd quarter worth approximately $288,000. Susquehanna International Group LLP boosted its stake in shares of Franklin Liberty Short Duration US Government ETF by 148.1% in the 3rd quarter. Susquehanna International Group LLP now owns 12,993 shares of the company’s stock valued at $1,183,000 after purchasing an additional 7,757 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its position in shares of Franklin Liberty Short Duration US Government ETF by 183.7% during the third quarter. Integrated Wealth Concepts LLC now owns 102,504 shares of the company’s stock worth $9,334,000 after buying an additional 66,373 shares during the period.

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.